{"id":768183,"date":"2023-07-06T17:18:39","date_gmt":"2023-07-06T21:18:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/interprivate-iii-financial-partners-inc-announces-extension-of-deadline-to-complete-initial-business-combination-3\/"},"modified":"2023-07-06T17:18:39","modified_gmt":"2023-07-06T21:18:39","slug":"interprivate-iii-financial-partners-inc-announces-extension-of-deadline-to-complete-initial-business-combination-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/interprivate-iii-financial-partners-inc-announces-extension-of-deadline-to-complete-initial-business-combination-3\/","title":{"rendered":"InterPrivate III Financial Partners Inc. Announces  Extension of Deadline to Complete Initial Business Combination"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">New York, NY, July  06, 2023  (GLOBE NEWSWIRE) &#8212;  InterPrivate III Financial Partners Inc. (NYSE American: IPVF.U, IPVF, IPVF WS) (the \u201cCompany\u201d), announced today that its board of directors (the \u201cBoard\u201d) has decided to extend the date by which the Company must consummate an initial business combination (the \u201cDeadline Date\u201d) from July 9, 2023 for an additional month, to August 9, 2023, the second of nine potential one-month extensions of the Deadline Date available to the Company.<\/p>\n<p align=\"justify\">The Company\u2019s Amended and Restated Certificate of Incorporation (the \u201cCharter\u201d) provides the Company the right to extend the Deadline Date up to nine times for an additional one month each time (each, an \u201cExtension\u201d), from June 9, 2023 to up to March 9, 2024. On June 29, 2023, pursuant to the Charter, the Board determined to implement a second Extension to allow additional time for the Company to complete its initial business combination. In connection with the second Extension, the Company deposited $21,000 for the second month of the Extension. On June 30, 2023, the Company deposited such contribution into the Company\u2019s trust account.<\/p>\n<p align=\"justify\">\n        <b>About InterPrivate III Financial Partners Inc.<\/b><br \/>\n        <br \/>InterPrivate III Financial Partners Inc. is a blank check company formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses (each, a \u201cBusiness Combination\u201d). The Company is not limited to a particular industry or sector for purposes of consummating a Business Combination. The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies.<\/p>\n<p align=\"justify\">\n        <b>Forward-Looking Statements <\/b><br \/>\n        <br \/>This press release includes \u201cforward-looking statements\u201d within the meaning of the \u201csafe harbor\u201d provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as \u201cestimate,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cforecast,\u201d \u201cintend,\u201d \u201cwill,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201cseek,\u201d \u201ctarget\u201d, \u201cmay\u201d, \u201cintend\u201d, \u201cpredict\u201d, \u201cshould\u201d, \u201cwould\u201d, \u201cpredict\u201d, \u201cpotential\u201d, \u201cseem\u201d, \u201cfuture\u201d, \u201coutlook\u201d or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company\u2019s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include: the risk that approval of the Company\u2019s stockholders for the Extension is not obtained; the level of redemptions made by the Company\u2019s stockholders in connection with the Extension and its impact on the amount of funds available in the Company\u2019s trust account to complete an initial business combination; and those factors discussed in the Company\u2019s Annual Report on Form 10-K filed with the SEC on April 17, 2023, any subsequent Quarterly Report on Form 10-Q filed with the SEC and in the other reports we file with the SEC. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.<\/p>\n<p>\n        <b>Contact <\/b><br \/>\n        <br \/>James Pipe<br \/>ir@interprivate.com<br \/>InterPrivate III Financial Partners Inc.<br \/>(212) 920-0125<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg3MDM0MSM1NjgwODA1IzUwMDExMjE1NQ==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NzdhZjU5MDUtN2ZjYy00MWY1LTg5N2EtNjcwMzVmM2FjODhiLTUwMDExMjE1NQ==\/tiny\/InterPrivate-III-Financial-Par.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New York, NY, July 06, 2023 (GLOBE NEWSWIRE) &#8212; InterPrivate III Financial Partners Inc. (NYSE American: IPVF.U, IPVF, IPVF WS) (the \u201cCompany\u201d), announced today that its board of directors (the \u201cBoard\u201d) has decided to extend the date by which the Company must consummate an initial business combination (the \u201cDeadline Date\u201d) from July 9, 2023 for an additional month, to August 9, 2023, the second of nine potential one-month extensions of the Deadline Date available to the Company. The Company\u2019s Amended and Restated Certificate of Incorporation (the \u201cCharter\u201d) provides the Company the right to extend the Deadline Date up to nine times for an additional one month each time (each, an \u201cExtension\u201d), from June 9, 2023 to up to March 9, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/interprivate-iii-financial-partners-inc-announces-extension-of-deadline-to-complete-initial-business-combination-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;InterPrivate III Financial Partners Inc. Announces  Extension of Deadline to Complete 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-768183","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>InterPrivate III Financial Partners Inc. 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(NYSE American: IPVF.U, IPVF, IPVF WS) (the \u201cCompany\u201d), announced today that its board of directors (the \u201cBoard\u201d) has decided to extend the date by which the Company must consummate an initial business combination (the \u201cDeadline Date\u201d) from July 9, 2023 for an additional month, to August 9, 2023, the second of nine potential one-month extensions of the Deadline Date available to the Company. The Company\u2019s Amended and Restated Certificate of Incorporation (the \u201cCharter\u201d) provides the Company the right to extend the Deadline Date up to nine times for an additional one month each time (each, an \u201cExtension\u201d), from June 9, 2023 to up to March 9, &hellip; Continue reading &quot;InterPrivate III Financial Partners Inc. 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