Replies to post #20861 on GBT Technologies Inc (GTCH)

[Manspider]

They still had a meeting..but

As previously disclosed, at a special meeting of its stockholders held on March 8, 2023, Bannix’s stockholders voted in favor of a proposal to amend Bannix’s Amended and Restated Certificate of Incorporation (as amended, the “Amended Charter”) to provide Bannix with the right to extend the Deadline Date up to 12 times for an additional one month each time (the “Extension”) until March 14, 2024. On March 9, 2023, Bannix filed the Amended Charter with the Secretary of State of the State of Delaware.

Also as previously announced, if an Extension is implemented, the sponsor of Bannix, Instant Fame LLC (the “Sponsor”), or its designees will deposit into the trust account, as a loan, the lesser of (x) $75,000 and (y) $0.07 for each share that is not redeemed in connection with the special meeting.

On February 15, 2024, the Board, at the request of the Sponsor, decided to implement the twelfth Extension and to extend the Deadline Date for an additional month to March 14, 2024