By Stephen Nakrosis

Special purpose acquisition company Arisz Acquisition said it will extend the period it has to complete a business combination by one month, to Oct. 22.

The extension is the fifth of up to nine permitted by the company's certificate of incorporation.

The company first filed for an initial public offering in October 2021. At the time, Arisz said it planned to pursue a target in the healthcare industry.

In January 2022, Arisz said it agreed to a plan of merger with Finfront Holding, a cryptocurrency mining hardware manufacturer. Under the terms of the deal, the combined company, BitFuFu, is expected to become a publicly listed company trading on the Nasdaq.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

September 15, 2023 16:40 ET (20:40 GMT)

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