Latest SPAC Liquidations: Blockchain Moon Acquisition Corp., Skydeck Acquisition Corp., B. Riley Principal 250 Merger Corp., and Valor Latitude
Blockchain Moon Acquisition Corp. (BMAQ) to Liquidate on April 21
Blockchain Moon Acquisition Corp. (NASDAQ: BMAQ) today announced that due to its inability to consummate an initial business combination within the time period required by its amended and restated certificate of incorporation, the Company intends to dissolve and liquidate and will redeem all of the outstanding common stock that were included in the units issued in its initial public offering effective as of April 21.
As of the close of business on April 21, the shares will be deemed cancelled and will represent only the right to receive the per-share redemption price of approximately $10.49.
READSkydeck Acquisition Corp. (SKYA) to Liquidate on May 21
Skydeck Acquisition Corp. (NASDAQ: SKYA) today announced that its board of directors has determined to redeem all of its outstanding shares of Class A ordinary shares, effective as of May 21.
As of the close of business on May 21, the shares will be deemed cancelled and will represent only the right to receive the per-share redemption price of approximately $10.27.
READB. Riley Principal 250 Merger Corp. (BRIV) to Liquidate on May 4
B. Riley Principal 250 Merger Corp. (NASDAQ: BRIV) today announced that its board of directors has determined to redeem all of its outstanding shares of Class A common stock, effective as of May 4.
As of the close of business on May 4, the shares will be deemed cancelled and will represent only the right to receive the per-share redemption price of approximately $10.15.
READValor Latitude Acquisition Corp. (VLAT) to Liquidate on May 4
Valor Latitude Acquisition Corp. (NASDAQ:VLAT) today announced that it will redeem all of its outstanding Class A ordinary shares, effective as of May 4.
Net of taxes and dissolution expenses, the per-share redemption price for the Class A Shares is expected to be approximately $10.27.
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Latest SPAC Liquidations: JAWS Hurricane JAWS Hurricane Acquisition Corporation (HCNE) to Liquidate on June 16 JAWS Hurricane Acquisition Corporation (Nasdaq: HCNE) today announced that its board of directors has determined not to proceed with a proposal to extend its corporate existence. As such, the Board has determined to cancel the special meeting of its stockholders,...
Jupiter Wellness Acquisition Corp. (NASDAQ:JWAC) announced this afternoon that it has completed its combination with Chinese carmaker Chijet. The deal was already approved by shareholders at a special meeting held on May 2, but at that time, the SPAC did not provide a timeline for the closing of the transaction. Although redemption numbers have still not...
The advent of summer is bringing nine lock-up expirations for de-SPAC’d companies and 10 on the sponsor side. The first change is to come for the sponsor of European Biotech Acquisition Corp., which closed its combination with Swiss pharma firm Oculis SA (NASDAQ:OCS) just three months ago. The sponsor is getting flexibility at a good...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Lucid to raise $3B in a common stock offering from Saudi owners, Betsy Cohen says SPACs will make a comeback, and SatixFy makes another leadership change Lucid Raising $3 Billion With More Money From...
An article on Bloomberg yesterday announced what many in SPAC Land have been wondering after UBS acquired Credit Suisse – where was Niron Stabinsky, the Head of SPACs at Credit Suisse, going to land? The answer is Banco Santander SA, in what appears to be a massive lift of most (or nearly all) of Credit...