On March 8, 2023, Pushpay Holdings Limited announced that the scheme implementation agreement with Pegasus Bidco Limited has been amended, with an extension to the date by which either party can terminate the scheme implementation agreement, if the parties do not agree to hold another scheme meeting. In addition, the Company stated that Pegasus Bidco Limited requested an extension to explore whether it may be possible to agree an alternative proposal, to allow Pegasus Bidco further time to progress the terms of a potential alternative proposal, the Company and the Pegasus Bidco have agreed to extend the termination time to 5:00 pm (NZT) on March 13, 2023 and if the parties have not reached agreement on holding another scheme meeting by that time, then either party can terminate the agreement.