NEW
YORK, Sept. 16, 2022 /PRNewswire/
-- Pacifico Acquisition Corp. (NASDAQ: PAFOU, the "Company")
announced today that Caravelle Group Co., Ltd ("Caravelle") has
deposited into the Company's trust account a principal amount of
$575,000, representing approximately
$0.10 per share of common stock, in
order to extend the period of time the Company has to complete a
business combination for an additional three (3) months period,
from September 16, 2022 to
December 16, 2022. The Company issued
an unsecured promissory note in an amount of $575,000 to Caravelle. The promissory note bears
no interest and is payable promptly after the date on which the
Company consummates an initial business combination with Caravelle.
The purpose of the extension is to provide time for the Company to
complete a business combination.
About Pacifico Acquisition Corp.
Pacifico Acquisition Corp. is a Delaware corporation incorporated as a blank
check company for the purpose of entering into a merger, share
exchange, asset acquisition, share purchase, recapitalization,
reorganization or similar business combination with one or more
businesses or entities. The Company's efforts to identify a
prospective target business will not be limited to a particular
industry or geographic region, although the Company intends to
focus on operating businesses in and around the new energy,
biotech, and education industries in Asia (excluding China).
Forward Looking Statements
This press release includes forward-looking statements that
involve risks and uncertainties. Forward looking statements are
statements that are not historical facts. Such forward-looking
statements, including the successful consummation of the Company's
initial public offering, are subject to risks and uncertainties,
which could cause actual results to differ from the forward looking
statements. The Company expressly disclaims any obligations or
undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change
in the Company's expectations with respect thereto or any change in
events, conditions or circumstances on which any statement is
based.
Edward Cong Wang
Pacifico Acquisition Corp.
(646) 886 8892
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SOURCE Pacifico Acquisition Corp.