AMAC · AMR Resources Acquisition Corp. · Documents

The latest filing states the doubt was alleviated.

“Prior to the completion of the Initial Public Offering, the private placement and the partial exercise of the over-allotment option, the Company lacked the liquidity it needed to sustain operations for a reasonable period of time, which is considered to be one year from the issuance date of the accompanying unaudited condensed financial statements. ... Management has determined the Company has sufficient funds to finance the working capital needs of the Company within one year from the date of issuance of the accompanying unaudited condensed financial statements.”