ShoulderUp Technology Acquisition Corp

ShoulderUp Technology Acquisition Corp. operates as a blank check company, which engages in effecting a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization. The company was founded on May 20, 2021 and is headquartered in Kennesaw, Georgia.

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ShoulderUp Technology Acquisition Corp. is a blank check company. It engages in the business of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, and other similar business combination with one or more businesses. The company was founded by Phyllis W. Newhouse on May 20, 2021 and is headquartered in Kennesaw, GA.

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange LLC (“NYSE” or “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the three securities enumerated below (“Securities”) of ShoulderUp Technology Acquisition Corp. (the “Company”) from the NYSE. Trading in the Company's Securities will be suspended immediately. Symbol Description SUAC Class A common stock SUAC.U Units, each consisting of one share of Class A common stock, $0.0001 par.

NYSE to Commence Delisting Proceedings Against ShoulderUp Technology Acquisition Corp. (SUAC)

Kennesaw, GA, Nov. 30, 2023 (GLOBE NEWSWIRE) -- ShoulderUp Technology Acquisition Corp. (“ShoulderUp” or the “Company”) (NYSE: SUAC.U; SUAC; SUAC.WS) today announced that it has entered into a non-binding letter of intent for a potential business combination with a private information technology company. The Company anticipates entering into a definitive agreement by the end of the first quarter of next year. However, no assurances can be made that the Company will successfully negotiate and enter into a definitive agreement for a business combination or that the Company will be successful in completing the business combination. The previously disclosed non-binding letter of intent has been terminated in accordance with its terms.

ShoulderUp Technology Acquisition Corp. Announces Letter of Intent for a Business Combination

This press release corrects and replaces the previously issued press release at 8:52 a.m. on November 15, 2023. This press release corrects and replaces the previously issued press release at 8:52 a.m. on November 15, 2023.

Correction: ShoulderUp Technology Acquisition Corp. Announces Second Postponement of Special Meeting of Stockholders.

Kennesaw, GA, Nov. 15, 2023 (GLOBE NEWSWIRE) -- ShoulderUp Technology Acquisition Corp. (“ ShoulderUp ” or the “ Company ”) (NYSE: SUAC.U; SUAC; SUAC.WS) today announced that its special meeting of stockholders (“ Special Meeting ”) will be postponed from its scheduled time of 4:30 p.m. Eastern Time on November 15, 2023 to 12:30 p.m. Eastern Time on November 17, 2023. The Special Meeting can still be accessed virtually by visiting https://www.cstproxy.com/shoulderupacquisition/ext2023. You will need the 12-digit meeting control number that is printed on your proxy card to enter the Special Meeting. The record date for the Special Meeting remains October 13, 2023.

ShoulderUp Technology Acquisition Corp. Announces Second Postponement of Special Meeting of Stockholders.

Kennesaw, GA, Nov. 13, 2023 (GLOBE NEWSWIRE) -- ShoulderUp Technology Acquisition Corp. (“ShoulderUp” or the “Company”) (NYSE: SUAC.U; SUAC; SUAC.WS) today announced the estimated redemption price per share at the time of the Special Meeting is expected to be approximately $10.55 based on the aggregate amount in the trust account of $43,839,754 as of November 9, 2023 ((including interest not previously released to the Company but  net of expected franchise and income taxes payable), a decrease from the $10.63 originally reported in the Company's definitive proxy statement (as supplemented, the “ Proxy Statement ”) in connection with the Special Meeting filed with the U.S. Securities and Exchange Commission (the “ SEC ”) on October 25, 2023, which was not calculated based on an amount in trust net of expected franchise and income taxes payable. The closing price of ShoulderUp's common stock on November 9, 2023 was $10.65.

ShoulderUp Technology Acquisition Corp. Announces Updated Estimated Redemption Price

Kennesaw, GA, Nov. 08, 2023 (GLOBE NEWSWIRE) --  ShoulderUp Technology Acquisition Corp. (“ ShoulderUp ” or the “ Company ”) (NYSE: SUAC.U; SUAC; SUAC.WS) today announced that that its special meeting of stockholders (“ Special Meeting ”) will be postponed from its scheduled time of 10:00 a.m. Eastern Time on November 15, 2023 to 4:30 p.m. Eastern Time on November 15, 2023. The Special Meeting can still be accessed virtually by visiting https://www.cstproxy.com/shoulderupacquisition/ext2023. You will need the 12-digit meeting control number that is printed on your proxy card to enter the Special Meeting. The record date for the Special Meeting remains October 13, 2023.

ShoulderUp Technology Acquisition Corp. Announces Letter of Intent for a Business Combination with Airspace Experience Technologies, Inc.

Kennesaw, GA, May 05, 2023 (GLOBE NEWSWIRE) -- ShoulderUp Technology Acquisition Corp. (the “ Company ” or “ ShoulderUp ”) (NYSE: SUAC) announces today that its Board of Directors elected Rashaun Williams to the Board of Directors to fill the vacancy created by the unexpected passing of Vincent Stewart, director and Chairman of the Board of Directors.  Mr. Williams' initial term will expire on the date of the third annual meeting of the stockholders.

ShoulderUp Technology Acquisition Corp. Announces the Appointment of Rashaun Williams to the Board of Directors

Kennesaw, GA, May 03, 2023 (GLOBE NEWSWIRE) -- With great sadness, ShoulderUp Technology Acquisition Corp. (the “ Company ” or “ ShoulderUp ”) (NYSE: SUAC) today announced the passing of Vincent Stewart, the Chairman of the Board of Directors of the Company. Mr. Stewart passed away unexpectedly on Friday, April 28, 2023. Mr. Stewart's contributions and commitment to the Board will be deeply missed, and the Company wishes to express its sincere condolences to the Stewart family during this difficult time.

ShoulderUp Technology Acquisition Corp. Announces the Death of Chairman of the Board, Vincent Stewart

Kennesaw, GA , April 26, 2023 (GLOBE NEWSWIRE) -- ShoulderUp Technology Acquisition Corp. (“ShoulderUp” or the “Company”) (NYSE: SUAC.U; SUAC; SUAC.WS), a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase reorganization or similar business combination with one or more businesses or entities, today announced that its stockholders approved proposals to amend the Investment Management Trust Agreement dated as of November 2021 and the Company's Amended and Restated Certificate of Incorporation, each by extending the date by which the Company has to consummate a business combination by six (6) months, from May 19, 2023 to November 19, 2023 (the date which is 24 months from the closing date of ShoulderUp's initial public offering) (such extension, the “Extension”).

ShoulderUp Technology Acquisition Corp. Announces Stockholder Approval of Extension Amendment to the Amended and Restated Certificate of Incorporation and Investment Management Trust Agreement

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