Parsec Capital Acquisitions Corp filed SEC Form 8-K: Other Events
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Item 8.01 Other Information
As a result of Parsec Capital Acquisitions Corp. having failed to make the required payment to extend the date required to consummate a business combination, the Trust Administrator has begun the process of liquidating the Trust Account. All Class A Shares will be redeemed and all outstanding warrants will expire worthless. The Company will try to receive permission from its remaining shareholders and regulatory authorities to continue its existence and complete its previously announced business combination with Enteractive Media Inc.but there can be no assurance that it will be able to do so.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| December 8, 2022 | Parsec Capital Acquisitions Corp | |
| By: | /s/ Patricia Trompeter | |
| Name: | Patricia Trompeter | |
| Title: | Chief Executive Officer | |