ATLANTA, GA – (NewMediaWire) – September 28, 2023 – Yuengling’s Ice Cream Corporation (“Yuengling’s”) (OTC: YCRM) in a joint statement with PickleJar Holdings, Inc (“PickleJar”), a Texas-based music and entertainment software company, announced the parties have mutually agreed to extend the time to complete an initial business combination (the “Deadline Date”) from September 30, 2023 to November 15, 2023. Yuengling’s further announced that PickleJar will deposit $150,000 into a trust account in connection with this extension.
The purpose of this Extension is to provide Yuengling’s with additional time to consummate the proposed business combination with PickleJar consistent with regulatory filing requirements for a transaction of this type. The parties have executed a Memorandum of Understanding (MOU) amending the agreement between the parties in connection with the Letter of Intent (“LOI”) announced on August 28, 2023. In connection with the amended MOU extension, and consistent with the requirements for the registration filing of a Super 8-K, PickleJar has retained Fruci and Associates, a certified public accounting firm to lead the audit. Additionally, PickleJar has retained the legal representation of Michael Best for the purposes of representing its shareholders in this transaction.