Clover Leaf Capital Corp. Announces Extension of Deadline to Complete Business Combination

MIAMI, FL, July 14, 2022 (GLOBE NEWSWIRE) -- Clover Leaf Capital Corp. (NASDAQ:CLOEU) (the “Company”) announced today that its sponsor, Yntegra Capital Investments, LLC (the “Sponsor”), has requested that the Company extend the date by which the Company has to consummate a business combination from July 22, 2022 to October 22, 2022 (the “Extension”). The Extension is the first of three three-month extensions permitted under the Company’s governing documents. In connection with the Extension, the Sponsor has notified the Company that it intends to cause an aggregate of $1,383,123 (representing $0.10 per public share) to be deposited into the Company’s trust account on or before July 22, 2022. The Extension provides the Company with additional time to complete its initial business combination.