Black Hawk Acquisition Corporation has announced an amendment to its definitive proxy statement ahead of the upcoming shareholder meeting. The revised Trust Amendment Proposal specifies that for each one-month extension of the deadline to complete an initial business combination, the company will deposit $0.033 per outstanding ordinary share sold during its initial public offering into the trust account. This change removes the previous option of depositing up to $55,000 per month, ensuring greater clarity and consistency in the extension fee obligation.
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