Latest SPAC Liquidations: FTAC Athena, FTAC Parnassus , FTAC Hera, Kismet Acquisition Three
FTAC Athena Acquisition Corp. (FTAA) to Liquidate on February 24
FTAC Athena Acquisition Corp. (NASDAQ:FTAA) a blank-check company formed for the purpose of acquiring or merging with one or more businesses, today announced that it intends to dissolve and liquidate, effective as of the close of business on February 24, 2023, and will redeem all of the outstanding Class A ordinary shares, at a per-share redemption price of approximately $10.17.
As of the close of business on February 24, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount.
READFTAC Parnassus Acquisition Corp. (FTPA) to Liquidate on March 16
FTAC Parnassus Acquisition Corp. (NASDAQ:FTPA) today announced that it intends to dissolve and liquidate, effective as of the close of business on March 16, 2023, and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering, at a per-share redemption price of approximately $10.13.
As of the close of business on March 16, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount.
READFTAC Hera Acquisition Corp. (HERA) to Liquidate on March 8
FTAC Hera Acquisition Corp. (NASDAQ:HERA) today announced that it intends to dissolve and liquidate, effective as of the close of business on March 8, 2023, 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 $10.17.
As of the close of business on March 8, 2023, the shares will be deemed cancelled and will represent only the right to receive the redemption amount.
READKismet Acquisition Three Corp. (KIII) to Liquidate on February 22
Kismet Acquisition Three Corp. (Nasdaq: KIII) today announced that it will redeem all of its outstanding Class A ordinary shares, effective as of the close of business on February 22, 2023.
The per-share redemption price for the public shares is expected to be approximately $10.19.
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Aimfinity Investment Corp. I (NASDAQ:AIMA) announced this afternoon that its sponsor entered into a repurchase agreement with previous directors and officers of the company and will undergo a change in management. On March 16, Aimfinity’s sponsor initiated a distribution of 300,000 founder shares and 492,000 private placement units to its existing members and entered into a repurchase...
AI Transportation Acquisition Corp. (NASDAQ:AITR) filed its S-1 last Wednesday afternoon for a $50 million IPO, marking the first SPAC to file for an IPO in March. While the new company may pursue a target in any industry, it intends to focus its search in the transportation field, including but not limited to logistics, new energy...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Virgin Orbit plans for insolvency amid rescue talks with investors, WeWork reaches deal to cut debt, and Pear Therapeutics explores “strategic alternatives” Virgin Orbit plans for insolvency amid rescue talks with investors Sky News...
Home Plate (NASDAQ:HPLT) has entered into a definitive agreement to combine with shipping company Heidmar at an anticipated enterprise value of $214.4 million, or 7.2x its 2023E EBITDA. Athens-based Heidmar operates an asset-light shipbroking network providing access to a pool of 60 fuel tanker and dry bulk ships. The combined company is expected to trade...
two (NYSE:PIAI) announced in an 8-K this morning that it has pushed back its special meeting one week from March 24 to 10 am ET, March 31. Shareholders at the meeting will consider a proposal to extend its transaction deadline from April 1 to January 1, 2024. The SPAC’s sponsor has not yet offered to...