ROC Energy Acquisition confirms deadline extension for initial combination

ROC Energy Acquisition announced that an affiliate of ROC Energy Holdings – the "Sponsor" -, has deposited an aggregate of $2,070,000, representing 10c per public share, into the company’s trust account for its public stockholders. This deposit enables the company to extend the date by which the company has to complete its initial business combination from December 6, 2022 to March 6, 2023. The extension is the first of two three-month extensions permitted under the company’s governing documents. The affiliate of the Sponsor loaned the extension payment to the company. The loan is non-interest bearing and convertible, at the lender’s discretion, into units identical to the units issued in the company’s private placement that was consummated in connection with the company’s IPO.