Globa Terra Acquisition Corporation (Nasdaq: GTER) announced on November 9, 2026, that it has successfully extended the deadline for completing a business combination. The blank check company originally faced a deadline of October 9, 2026, to consummate a merger, amalgamation, share exchange, or similar transaction.
The extension was approved by shareholders at an extraordinary general meeting held on November 9, 2026. The amendment to the company’s Memorandum and Articles of Association extends the deadline to July 9, 2027. This extension consists of an initial one-month extension from October 9, 2026, to November 9, 2026, followed by up to eight additional one-month extensions, at the sole discretion of the Board of Directors.
According to the filing, the meeting was initially adjourned due to insufficient votes for the extension proposal. It was reconvened later that same day at 5:00 p.m. Eastern Time. The final voting results showed that the Extension Proposal was approved by 13,454,403 votes, with 4,534,032 votes against it. The meeting was held at the offices of Paul Hastings LLP in New York, NY.
Globa Terra is currently in discussions regarding a business combination with Nature’s Ledger Inc. The company stated that it intends to file a registration statement on Form F-4 (or Form S-4) with the SEC, which will include a proxy statement and prospectus related to the proposed transaction.
