Easterly Acquisition Corp. Announces Extension of Time to Complete Previously Announced Business Combination with JH Capital

NEW YORK--(BUSINESS WIRE)--Easterly Acquisition Corp. (“Easterly”) (NASDAQ: EACQ) announced the vote by stockholders to extend the deadline to complete an initial business combination to June 30, 2018. Stockholders representing 95.3% of the stockholder base voted, with all of the votes cast in favor of extending the time that Easterly has to complete its initial business combination. 7,035 shares of common stock were redeemed by existing Easterly stockholders in connection with the extension, leaving approximately $153 million cash in trust after redemptions.