The Extension Loan enables the Company to extend the date by which the Company must complete its initial business combination (the “Extension”) from April 25, 2023, to July 25, 2023 (the “Extended Date”). The Extension is the second of two three-month extensions permitted under the Company’s governing documents. The proceeds of the Extension Loan will be held in the Trust Account and used to fund any redemptions of the Company’s public shares.
The Extension Note is non-interest bearing and non-convertible. If the Company does not complete an initial business combination by the Extended Date, the Extension Loan will be repaid exclusively from funds held outside of the Trust Account.
About GoGreen Investments Corporation
www.gogreeninvestments.com
Forward-Looking Statements
This press release may include, and oral statements made from time to time by representatives of the Company may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the
Company Contact
Michael Sedoy, CFA
CFO
713.337.4075
info@gogreeninvestments.com
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