GreenVision Acquisition Corp. Announces Contribution to Trust Account to Extend Period to Complete Business Combination
NEW YORK--(BUSINESS WIRE)--GreenVision Acquisition Corp. (Nasdaq:GRNV), a special purpose acquisition company (“GreenVision”), announced today that it has deposited the amount of $575,000 into its trust account (the “Trust Account”) in order to extend the period of time that it has to complete a business combination for an additional period of three (3) months, from November 21, 2020 to February 21, 2021. The funds deposited into the Trust Account were previously provided by Accountable Healthcare America, Inc. (“AHA”) under the terms of the definitive Merger Agreement entered into by the parties on August 26, 2020. GreenVision issued an unsecured promissory note in an amount of $575,000 to AHA in accordance with its governing documents. The purpose of the extension is to extend the time for GreenVision and AHA to complete the previously announced business combination.