99 Acquisition Group, Inc., a special purpose acquisition company, has announced that its sponsor, 99 Acquisition Sponsor LLC, has contributed $750,000 into its trust account. This contribution will extend the period available to finalize the acquisition of Nava Health MD, Inc. by three months, from May 22, 2024 to August 22, 2024. The extension is the first of two possible three-month extensions as outlined in the company’s governing documents. This funding gives 99 Acquisition additional time to complete its proposed business combination with Nava Health, a tech-enabled healthcare practice. Investors and decision-makers are encouraged to review the registration statement and other filed documents with the SEC for comprehensive details.

Private Equity, Healthcare, Mergers & Acquisitions,United States