WEST HOLLYWOOD, Calif., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Bannix Acquisition Corp. ("Bannix") announced today that its board of directors (the "Board") has decided to extend the date by which Bannix must consummate an initial business combination (the "Deadline Date") from January 14, 2024 for an additional month, to February 14, 2024. As previously disclosed, at a special meeting of its stockholders held on March 8, 2023, Bannix' stockholders voted in favor of a proposal to amend Bannix's Amended and Resta ...

For the three months ended September 30, 2022, we had a net income of $65,942, which consisted of operating costs of $301,455 and provision for income taxes of $63,263, an unrealized gain from the change in fair value of Private Warrant liability of $20,300, and interest income on the trust account of $410,360. As of September 30, 2023, we had $39,589 in cash and a working capital deficit of $3,577,906. The Company is within 12 months of its mandatory liquidation date as of the date of the filing of this re ...

| --- | --- | --- | |---------------------------------------------------------------------|-------|--------------------| | Fair value of Private Warrants at December 31, 2022 | $ | Level 3 \n12,180 | | Change in fair value of Private Warrants | | — | | Fair value of Private Warrants at March 31, 2023 | $ | 12,180 | | Change in fair value of Private Warrants | | 4,060 | | Fair value of Private Warrants at June 30, 2023 | $ | 16,240 | The following table presents the changes in Level 3 liabilities for the thr ...

In the event that the Company receives notice from Instant Fame five days prior to the applicable deadline of its wish for the Company to effect an extension, the Company intends to issue a press release announcing such intention at least three days prior to the applicable deadline. In addition, the Company intends to issue a press release the day after the applicable deadline announcing whether or not the funds had been timely deposited. Instant Fame and its affiliates or designees are not obligated to fun ...

69 ● the opportunity is within the corporation's line of business; and ● we renounce any interest or expectancy in, or being offered an opportunity to participate in, any business opportunities that are presented to us or our officers or directors or stockholders or affiliates thereof, including but not limited to, our initial stockholders and its affiliates, except as may be prescribed by any written agreement with us; and Each of our officers and directors presently has, and any of them in the future may ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to BANNIX ACQUISITION CORP. | --- | --- | --- | |------------------------------------------------------------------------|----------------------|----------------------- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to BANNIX ACQUISITION CORP. | --- | --- | |--------------------------------------------------------|-----------------------| | (Exact \nDelaware | Charter) \n86-1626016 | | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to BANNIX ACQUISITION CORP. (Exact Name of Registrant as Specified in its Charter) | --- | --- | |-----------------------------------------|-------| | Delaware | | | | | | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to BANNIX ACQUISITION CORP. | --- | --- | --- | |---------------------------------------------------------------------------------------|-------|-------------------------------- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to BANNIX ACQUISITION CORP. | --- | --- | |---------------------------------------------------------------------------------------|------------------------------------- ...