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

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”).

Read more at globenewswire.com