Class Acceleration Corp

Class Acceleration Corp. is a blank check company. Its purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on August 24, 2020 and is headquartered in Woodside, CA.

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WOODSIDE, Calif., Dec. 20, 2022 (GLOBE NEWSWIRE) -- On December 20, 2022, the stockholders of Class Acceleration Corp. (the “Company”) approved (i) an amendment to the Company's second amended and restated certificate of incorporation (the “Charter”) to extend the date by which the Company would be required to consummate a business combination from January 20, 2023 to June 20, 2023 (the “Extension Amendment”), (ii) an amendment to the Charter to permit the Company's Board, in its sole discretion, to elect to wind up the Company's operations on an earlier date (the “Liquidation Amendment” and, together with the Extension Amendment, the “Charter Amendments”), (iii) an amendment to the Company's investment management trust agreement, dated as of January 14, 2021, by and between the Company and Continental Stock Transfer & Trust Company, to extend the date by which the Company would be required to consummate a business combination from January 20, 2023 to June 20, 2023, or such earlier date as determined by the Board in its sole discretion, and (iv) a proposal to ratify the selection by the audit committee of the Board of Marcum LLP to serve as the Company's independent registered public accounting firm for the year ending December 31, 2022. The Company filed the Extension Amendment and the Liquidation Amendment with the Secretary of State of the State of Delaware and executed the Trust Agreement on December 20, 2022.

Class Acceleration Corp. Amends Charter and Announces Decision to Liquidate

WOODSIDE, Calif., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Class Acceleration Corp. (NYSE: CLAS, CLAS.U, CLAS.W) (the “Company”) today announced that it filed a Proxy Statement with the Securities and Exchange Commission (the "SEC") on December 6, 2022 with several proposals, including a request to extend the date by which the Company would be required to consummate a business combination from January 20, 2023 to June 20, 2023. Class Acceleration Corp.'s Board of Directors asks shareholders to vote FOR proposal 1 prior to the Company's 2022 meeting of stockholders on December 20, 2022.

Class Acceleration Corp. Files Proxy to Extend the Date to Consummate a Business Combination

WOODSIDE, Calif., Nov. 29, 2021 (GLOBE NEWSWIRE) -- Class Acceleration Corp. (NYSE: CLAS, CLAS.U, CLAS.W) (the “Company”) today announced that it received a notice from the New York Stock Exchange (the "NYSE") indicating that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 (the "Q3 2021 Form 10-Q") with the Securities and Exchange Commission (the "SEC"). The notice has no immediate effect on the listing of the Company's stock on the NYSE.

Class Acceleration Corp. Receives NYSE Notice Regarding Delayed Form 10-Q Filing

News for Class Acceleration Corp Stock (CLAS)