Latest SPAC Liquidations: MDH, RXR, and Oyster Enterprises
MDH Acquisition Corp. (MDH) to Liquidate on December 29
MDH Acquisition Corp. (NYSE: MDH) filed a definitive proxy statement relating to a special meeting of stockholders to redeem all of its outstanding shares of Class A common stock by changing the company’s liquidation date from February 4, 2023 to December 29, 2022.
READRXR Acquisition Corp. (RXRA) to Liquidate on December 20
RXR Acquisition Corp. (NASDAQ: RXRA) announced today that the company intends to dissolve and liquidate. It will redeem all of the outstanding shares of Class A common stock at an anticipated per-share redemption price of approximately $10.00.
As of the close of business on December 20, 2022, the shares will be deemed cancelled and will represent only the right to receive the redemption amount.
READOyster Enterprises (OSTR) to Liquidate on December 19
Stockholders of Oyster Enterprises Acquisition Corp. (Nasdaq: OSTR) approved an amendment to allow the company to redeem all of its issued and outstanding shares of Class A common stock by changing the termination date to December 19, 2022.
The company expects to complete the redemption on or around December 22, 2022 at a per-share redemption price of approximately $10.07.
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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...
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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...