Latest SPAC Liquidations: Class Acceleration, SOAR Technology, and Argus Capital
Class Acceleration Acquisition Corp. (CLAS) to Liquidate on December 29
Class Acceleration’s (NYSE:CLAS) board of directors has determined to liquidate and dissolve the company as soon as practicable before December 31, 2022. The securities last day of trading on the NYSE will be on December 29, 2022 and the redemption date is expected to be on December 30, 2022.
READSOAR Technology Acquisition Corp. (FLYA) to Liquidate on December 20
SOAR Technology Acquisition Corp. (NYSE: FLYA) announced yesterday that it intends to dissolve and liquidate, effective as of the close of business on December 20, 2022, and will redeem all of the outstanding Class A ordinary shares that were included in the units issued in its initial public offering, at a per-share redemption price of approximately $10.42.
READArgus Capital Corp. (ARGU) to Liquidate on December 20
At the special meeting of stockholders of Argus Capital Corp.(NASDAQ:ARGU), stockholders approved an amendment to change the termination date from March 24, 2023 to December 20, 2022.
The company expects to complete the mandatory redemption on or around December 23, 2022 at a per-share redemption price of approximately $10.28.
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EGH Acquisition Corp. (NASDAQ:EGHAU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “EGHAU”, Friday, May 8, 2025. The new SPAC aims to combine with a target company in the energy transition or sustainability arena that help industries achieve efficiencies and decarbonization....
At the SPAC of Dawn Fed Chair Jerome Powell announced yesterday that the body intends to keep rates unchanged, earning him the moniker “FOOL” by US President Donald Trump. But, the announcement could bring some stability to market, which has seen macro factors pull it a variety of directions since the start of the year....
Tariffs, Trade Routes, and Tech: Freightos’ View from the Cargo Frontlines 2025 is shaping up to be a wild year for global trade, and few companies have a vantage point on the impacts of every-changing tariff policy quite like digital cargo-booking platform Freightos (NASDAQ:CRGO). This week, we catch up with Freightos CEO Zvi Schreiber. He shares...
NMP (NASDAQ:NMPU) has filed for a $100 million SPAC to conduct a broad search for a target, leveraging its team’s past consultancy work. The new SPAC’s units are set to contain one right to a 1/5 share. That is more generous to investors than the unit structure for Maxim Group’s other new SPAC filing this...
At the SPAC of Dawn Futures are green ahead of the Fed Chair Jerome Powell’s highly anticipated press conference at 2:30 pm ET today following two days of Federal Reserve meetings. Several other Fed members are expected to speak on Friday, but any news on rate changes is likely to come out of today’s speech,...