Modern Media Acquisition Corp. Extends Deadline For Akazoo Merger To September 17th

Dickey

LEW DICKEY and MACQUARIE CAPITAL's MODERN MEDIA ACQUISITION CORP. (MMDM) is giving itself more time to close on its merger with U.K. digital music streaming platform AKAZOO LTD., moving the deadline (and the date by which MMDM's trust account must be liquidated) from JUNE 17th to SEPTEMBER 17th (an earlier extension stated the amended date as AUGUST 17th).

MMDM will convene and immediately adjourn its special stockholders' meeting on JUNE 12th, then reconvene at the company's ATLANTA headquarters on JUNE 14th to vote on the proposal. In conjunction with that arrangement, MMDM is extending the deadline for stockholders to redeem their shares for their pro rata portion of the funds available in MMDM's trust account or to withdraw previous redemption demands to JUNE 12th at 5p (ET).

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