{"id":740097,"date":"2023-03-14T17:23:08","date_gmt":"2023-03-14T21:23:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/php-ventures-acquisitions-corp-confirms-funding-to-extend-period-to-consummate-initial-business-combination\/"},"modified":"2023-03-14T17:23:08","modified_gmt":"2023-03-14T21:23:08","slug":"php-ventures-acquisitions-corp-confirms-funding-to-extend-period-to-consummate-initial-business-combination","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/php-ventures-acquisitions-corp-confirms-funding-to-extend-period-to-consummate-initial-business-combination\/","title":{"rendered":"PHP Ventures Acquisitions Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>PHP Ventures Acquisitions Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination<\/b><\/p>\n<p>MIAMI BEACH, Fla.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nPHP Ventures Acquisitions Corp. (\u201cPHP Ventures\u201d or the \u201cCompany\u201d) (Nasdaq: PPHPU) (Nasdaq: PPHP) (Nasdaq: PPHPR) (Nasdaq: PPHPW), a special purpose acquisition company, today announced that on March 13, 2023 it caused to be deposited $110,796.88 into the Company\u2019s Trust account for its public stockholders, representing $0.0625 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination by one month from March 16, 2023 to April 16, 2023 (the \u201cExtension\u201d). The Extension is the second of six-monthly extensions permitted under the Company\u2019s governing documents.\n<\/p>\n<p><b>Cautionary Statement Regarding Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains statements that constitute \u201cforward-looking statements,\u201d including with respect to the proposed initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company\u2019s registration statement and preliminary prospectus for the Company\u2019s offering filed with the SEC. Copies of these documents are available on the SEC\u2019s website, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=53362190&amp;newsitemid=20230314006007&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=1&amp;md5=41309ced34bcf37d9dbc7d33ea548586\">www.sec.gov<\/a>. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230314006007r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230314006007\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230314006007\/en\/<\/a><\/span><\/p>\n<p><b>MZ Group<br \/>\n<\/b><br \/>Chris Tyson<br \/>\n<br \/>+1 (949) 491-8235<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:PPHP@mzgroup.us\">PPHP@mzgroup.us<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Florida<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Business Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230314006007\/en\/1738644\/3\/PHP_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>PHP Ventures Acquisitions Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination MIAMI BEACH, Fla.&#8211;(BUSINESS WIRE)&#8211; PHP Ventures Acquisitions Corp. (\u201cPHP Ventures\u201d or the \u201cCompany\u201d) (Nasdaq: PPHPU) (Nasdaq: PPHP) (Nasdaq: PPHPR) (Nasdaq: PPHPW), a special purpose acquisition company, today announced that on March 13, 2023 it caused to be deposited $110,796.88 into the Company\u2019s Trust account for its public stockholders, representing $0.0625 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination by one month from March 16, 2023 to April 16, 2023 (the \u201cExtension\u201d). The Extension is the second of six-monthly extensions permitted under the Company\u2019s governing documents. Cautionary Statement Regarding Forward-Looking Statements This press release contains &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/php-ventures-acquisitions-corp-confirms-funding-to-extend-period-to-consummate-initial-business-combination\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;PHP Ventures Acquisitions Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-740097","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PHP Ventures Acquisitions Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/php-ventures-acquisitions-corp-confirms-funding-to-extend-period-to-consummate-initial-business-combination\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PHP Ventures Acquisitions Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PHP Ventures Acquisitions Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination MIAMI BEACH, Fla.&#8211;(BUSINESS WIRE)&#8211; PHP Ventures Acquisitions Corp. (\u201cPHP Ventures\u201d or the \u201cCompany\u201d) (Nasdaq: PPHPU) (Nasdaq: PPHP) (Nasdaq: PPHPR) (Nasdaq: PPHPW), a special purpose acquisition company, today announced that on March 13, 2023 it caused to be deposited $110,796.88 into the Company\u2019s Trust account for its public stockholders, representing $0.0625 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination by one month from March 16, 2023 to April 16, 2023 (the \u201cExtension\u201d). The Extension is the second of six-monthly extensions permitted under the Company\u2019s governing documents. Cautionary Statement Regarding Forward-Looking Statements This press release contains &hellip; Continue reading &quot;PHP Ventures Acquisitions Corp. 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