{"id":14180,"date":"2022-12-07T12:00:00","date_gmt":"2022-12-07T12:00:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3958540_CN58540_0"},"modified":"2022-12-07T12:00:00","modified_gmt":"2022-12-07T12:00:00","slug":"pacifico-and-caravelle-postpone-closing-of-merger-transaction","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=14180","title":{"rendered":"Pacifico and Caravelle Postpone Closing of Merger Transaction"},"content":{"rendered":"<div id=\"dvContent\" readability=\"65.413895486936\">\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">NEW YORK<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Dec. 7, 2022<\/span><\/span> \/PRNewswire\/ &#8212;&nbsp;Pacifico Acquisition Corp. (Nasdaq: PAFO; &#8220;Pacifico&#8221;), a publicly traded special purpose acquisition company, today announced that Pacifico and Caravelle Group Co., Ltd (&#8220;Caravelle&#8221;), an ocean technology company providing international shipping services and a carbon-neutral solution for wood desiccation, are postponing the closing of the business combination due to certain closing conditions not yet being satisfied. Pacifico is working towards to close the transaction within 30 calendar days.<\/p>\n<p><b>About Caravelle Group Co., Ltd<\/b><\/p>\n<p>Caravelle Group Co., Ltd (&#8220;Caravelle&#8221;) is a world-leading ocean technology firm providing a carbon-neutral solutions to the traditional timber and shipping industries. Boasting a seasoned, entrepreneurial team with extensive experience in the international shipping and timber industry, Caravelle will transform ocean-based shipping with its integration of its traditional shipping services and the newly launched CO-Tech business. For more information, visit: <a href=\"https:\/\/www.caravelleglobal.com\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/www.caravelleglobal.com<\/a>.<\/p>\n<p><b>About Pacifico Acquisition Corp.<\/b><\/p>\n<p>Pacifico Acquisition Corp (&#8220;Pacifico&#8221;) is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.<\/p>\n<p><b>Contact<\/b><\/p>\n<p>For Pacifico Acquisition Corp.:<\/p>\n<p><span class=\"xn-person\">Edward Cong Wang<\/span><br \/>Chief Executive Officer<br \/>Pacifico Acquisition Corp.<br \/>c\/o Pacifico Capital LLC<br \/>521 Fifth Avenue 17th Floor<br \/><span class=\"xn-location\">New York, NY<\/span> 10175<br \/>Email: <a href=\"mailto:edwardwang@pacificocorp.com\" target=\"_blank\" rel=\"nofollow noopener\">edwardwang@pacificocorp.com<\/a><\/p>\n<p id=\"PURL\"><img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN58540&amp;sd=2022-12-07\"> View original content:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/pacifico-and-caravelle-postpone-closing-of-merger-transaction-301696873.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/pacifico-and-caravelle-postpone-closing-of-merger-transaction-301696873.html<\/a><\/p>\n<\/p><\/div>\n<p>Source: Pacifico Acquisition Corp.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Dec. 7, 2022 \/PRNewswire\/ &#8212;&nbsp;Pacifico Acquisition Corp. (Nasdaq: PAFO; &#8220;Pacifico&#8221;), a publicly traded special purpose acquisition company, today announced that Pacifico and Caravelle Group Co., Ltd (&#8220;Caravelle&#8221;), an ocean technology company providing international shipping services and a carbon-neutral solution for wood desiccation, are postponing the closing of the business combination due to certain [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-14180","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pacifico and Caravelle Postpone Closing of Merger Transaction - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=14180\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pacifico and Caravelle Postpone Closing of Merger Transaction - My Blog\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Dec. 7, 2022 \/PRNewswire\/ &#8212;&nbsp;Pacifico Acquisition Corp. 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