Shareholders of Slam Corp., planning to take public sat-to-cell startup Lynk Global, OK 12-month extension to decide

by Peter B. de Selding

LA PLATA, Maryland — Slam Corp., the blank-check company that plans to take public startup satellite direct-to-cell (D2D) service provider Lynk Global, has given itself another year to decide whether to pursue the deal.

In a Dec. 27 filing with the U.S. Securities and Exchange Commission (SEC), Slam said its shareholders had agreed to extend by one month, to Jan. 25, 2024, the deadline for concluding a deal or returning all shareholders’ deposits.

Slam said the agreement, made during a . . .

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