Bull Horn Holdings Corp. (NASDAQ:BHSE) disclosed this afternoon that its shareholders have approved its combination with biopharmaceutical company Coeptis (OTC:COEP) in a special meeting held earlier today.
A total of 2,869,654 ordinary shares, or approximately 88.5% of Bull Horn’s outstanding public shares, were redeemed at today’s meeting. But, the SPAC had already faced previous redemptions of 4,258,586 public shares during a shareholder vote for a timeline extension back in April. This brings the total amount redeemed to 95.04% following today’s completion vote. As a result, BHSE will have approximately 371,760 public shares and $3.8 million remaining in its trust account following the redemptions.
Despite the high amount of redemptions, Bull Horn still expects the deal to be completed promptly following the satisfaction or waiver of the other conditions to the consummation of the business combination. The combined company is expected to trade under the symbol “COEP” once the deal is completed.
The parties initially announced their business combination on April 19. Wexford, Pennsylvania-based Coeptis is developing a pair of therapies designed to improve the efficacy of cancer treatments.
ADVISORS
- Bridgeway Capital Partners served as financial advisors to Coeptis.
- Meister Seelig & Fein LLP served as legal advisors to Coeptis.
- Jones Trading served as financial advisor to Bull Horn.
- Ellenoff Grossman & Schole LLP served as legal advisors to Bull Horn.
At the SPAC of Dawn Lately de-SPACs have been announcing corporate moves of a kind frequently in trios as was the case earlier this week when WeBull (NASDAQ:BULL), AST SpaceMobile (NASDAQ:ASTS) and Quantum-Si (NASDAQ:QSI) all announced major equity raises. This week, it is a trio of de-SPACs making reverse stock splits in unison, which is...
A look at Plus’ software-first approach to autonomous trucking. After years of investment and excitement, the dawn of self-driving cars and trucks is now here. The question now is which business model among autonomous driving technology companies will win out? This week, we speak with David Liu, CEO of autonomous trucking company Plus. Plus announced...
At the SPAC of Dawn One thing that SPAC investors can typically count on while their money is invested in a SPAC’s trust is that it is going to grow one way or the other between now and their next redemption opportunity, but the devil can occasionally be in the details. In 2024, it became...
Thunderstone has filed for a $50 million SPAC to put a new first-time Asia-based team in action on a generalist hunt. The new SPAC is offering investors a right to a 1/8 share in each unit with 18 months to initially complete a business combination. It is the 8th fresh S-1 filed with underwriter D....
At the SPAC of Dawn In a trading session that may find itself built around the release of Fed minutes at 2 pm ET this afternoon, a pair of SPAC targets have added their own fresh information to the mix. Enterprise AI firm Fusemachines, which has a pending combination with CSLM (OTC:CSLMF), put out a...