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GX Acquisition Corp. : Announces Additional Contributions to Trust Account

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NEW YORK, May 10, 2021 /PRNewswire/ GX Acquisition Corp. ( GX ) (NASDAQ: GXGX), a publicly-traded special purpose acquisition company, today reaffirmed its intention to support the proposal to amend GX s amended and restated certificate of incorporation to extend the date by which GX must complete its initial business combination from May 23, 2021 to July 31, 2021 (the Extension and such later date, the Extended Date ). This proposal will be voted on by stockholders at the upcoming special meeting of stockholders on May 14, 2021. The Extension will allow GX until the Extended Date to complete its initial business combination.
In order to support this proposal, GX has agreed that, if the Extension is approved, GX will deposit into the trust account $0.025 per share for each month of the Extension period, pro-rated for partial months during the Extension period, resulting in a maximum contribution of $0.0565 per share of Class A ....

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GX Acquisition Corp. Provides Information Regarding Extension of Deadline to Complete Celularity Business Combination

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NEW YORK, April 16, 2021 /PRNewswire/ On April 14, 2021, GX Acquisition Corp. ( GX ) (NASDAQ: GXGX ), provided information regarding a proposal to amend GX s amended and restated certificate of incorporation (the Charter ) to extend the date by which GX has to complete its initial business combination (the Extension ) from May 23, 2021 to July 31, 2021.
The Charter currently provides that GX has 24 months from the closing of its initial public offering (until May 23, 2021) to complete an initial business combination, which is customary for a special purpose acquisition company like GX. As previously announced, in January 2021 GX entered into a definitive merger agreement with Celularity Inc. ( Celularity ), an allogeneic cellular therapy company, that would result in Celularity combining with GX and becoming a publicly listed company (the Celularity Business Combination ). Since that time, GX and Celularity have been working ....

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