NEW
YORK, June 22, 2022 /PRNewswire/ -- Golden Path
Acquisition Corporation (the "Company" or "Golden Path") (NASDAQ:
GPCO) (the "Company") today announced that the Company's sponsor,
Greenland Asset Management Corporation (the "Sponsor"), has
deposited into the Company's trust account (the "Trust Account") an
aggregate of $191,667, representing
$0.033 per public share of the
Company, in order to extend the period of time the Company has to
consummate a business combination by one month to July 24, 2022.
The Sponsor plans to extend such period of time additional eight
times to complete its initial business combination as necessary,
each by an additional one months, up to March 24, 2023, by depositing $191,667 each time and up to an aggregate amount
of $1,533,333 into the Trust Account,
representing up to an additional $0.267 per public share, in connection with such
additional extensions.
About Golden Path Acquisition Corporation
The Company is a blank check company incorporated as a
Cayman Islands exempted company
and formed for the purpose of effecting a merger, share exchange,
asset acquisition, share purchase, reorganization or similar
business combination with one or more businesses. While the Company
may pursue an acquisition opportunity in any industry or sector,
the Company intends to focus on businesses that have a connection
to the Asian market.
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements". 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's registration statement and
prospectus for the offering filed with the Securities and Exchange
Commission ("SEC"). Copies are available on the SEC's website,
www.sec.gov. The Company undertakes no obligation to update these
statements for revisions or changes after the date of this release,
except as required by law.
Contact
Shaosen Cheng
Chief Executive Officer
ceo@goldenpath.cn
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SOURCE Golden Path Acquisition Corporation