Latest SPAC Liquidations: Aequi Acquisition Corp., DA32 Life Science Tech
DA32 Life Science Tech Acquisition Corp. (DALS) to Liquidate on July 28
DA32 Life Science Tech Acquisition Corp. (Nasdaq: DALS) today announced that its board of directors has determined to redeem all of its outstanding shares of Class A common stock, effective as of July 28.
As of the close of business on July 28, the Public Shares will be deemed cancelled and will represent only the rights to receive the per-share redemption price of approximately $10.31
READAequi Acquisition Corp. (ARBG) to Liquidate on August 3
Aequi Acquisition Corp. (Nasdaq: ARBG) announced today that it intends to liquidate as soon as practicable on or after August 3, 2023 and to return funds to holders of its shares of Class A common stock.
The Company expects to redeem all of its outstanding shares of Class A common stock for an estimated redemption price of approximately $10.25 per share (the “Redemption Amount”) after the payment of taxes and dissolution expenses.
On or about the close of business on August 3, 2023, the Class A common stock will be deemed canceled and will represent only the right to receive the Redemption Amount.
READPlum Acquisition Corp. I (NASDAQ:PLMI) has entered into a definitive agreement to combine with digital transformation company Veea for a total enterprise value of approximately $281 million. New York City-based Veea aims to simplify secure edge computing by improving application responsiveness, reducing bandwidth and data transport costs, and eliminating central cloud dependency. The parties expect the transaction to be...
L Catterton Asia (NASDAQ:LCAA) announced this morning that it has upsized the committed financing in its combination with EV sports car maker Lotus to $870 million in total. The latest fuel injection comes in the form of $750 million in convertible notes and PIPE commitments under so far undisclosed terms. Counted purely as a PIPE,...
At the SPAC of Dawn SPAC closing timelines can always be somewhat unpredictable, but PROOF I (NYSE:PACI) has the opportunity today to vie for a recent speed record today. It announced a combination with private aviation firm Volato 118 days ago on August 2 and its shareholders are set to vote to approve the combination...
Dune Acquisition Corporation (NASDAQ:DUNE) announced in an 8-K today that it has once again modified its agreement with sustainable energy firm Global Hydrogen. This amendment marks a reduction in Global Hydrogen’s equity value from $48 million to $43 million, alongside an increase in the available shares of common stock that is for the Global Gas Corporation...
At the SPAC of Dawn After mixed signals for the consumer sector earlier this month, initial Black Friday sales numbers have shown that Americans were not too stuffed for a shopping spree this year. Shoppers bagged between $9.8 billion and $10 billion in goods online, depending on one’s preferred source, either of which would be...