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The Latest Liquidations: April 21, 2023
by Marlena Haddad on 2023-04-21 at 5:32pm

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.

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Skydeck 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.

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B. 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.

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Valor 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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