Latest SPAC Liquidations: Rocket Internet Growth Opportunities, Silver Spike II, and Corazon Capital
Rocket Internet Growth Opportunities Corp. (RKTA) to Liquidate on March 24
Rocket Internet Growth Opportunities Corp. (NYSE:RKTA) a special purpose acquisition company, announced today that it intends to redeem all of the outstanding Class A ordinary shares at a per-share redemption price of approximately $10.22, and thereafter will dissolve and liquidate.
The Company expects that the last day of trading of the Public Shares on the New York Stock Exchange will be March 24.
READSilver Spike Acquisition Corp. II (SPKB) to Liquidate on March 27
Silver Spike Acquisition Corp II (NASDAQ:SPKB) announced today that it will redeem all of its outstanding Class A ordinary shares, effective March 27, 2023.
Net of taxes and dissolution expenses, the per-share redemption price for the Class A Ordinary Shares is expected to be approximately $10.22
READCorazon Capital V838 Monoceros Corp. (CRZN) to Liquidate on March 24
Corazon Capital V838 Monoceros Corp. (NASDAQ:CRZN) will redeem all of its outstanding Class A ordinary shares, at a per share-redemption price to be announced at a later date, with such redemption anticipated to be effective on March 27, 2023.
The Company anticipates that the last day of trading in the Class A ordinary shares will be March 24, 2023.
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Terms Tracker for the Week Ending March 31, 2023 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. Filings continue to remain quiet, but SPACs did manage to price two more IPOs this week with TMT Acquisition Corp (Nasdaq: TMTCU) and Trailblazer Merger...
Hudson Acquisition I Corp. (NASDAQ:HUDA) announced that it has signed a non-binding letter of intent (LOI) to combine with a pre-clinical-stage biotechnology company. The SPAC did not provide many details on the unnamed target, but disclosed that the biotech company is focused on developing intranasal preventives for major disease-causing respiratory viruses. As a condition to the target...
Heading into April, SPACs are to see eight sponsors and 11 de-SPAC’d companies freed from lock-ups and ready to trade. Most of these lock-up expirations are loaded into the final week of the month, but those hitting this milestone already next week include some of the more interesting transactions of the crop. In particular, MoonLake...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Shares of Digital World jump after Trump’s indictment, and pair of Delaware Chancery court decisions deny motions to dismiss SPAC shareholder’s fiduciary breach claims Trump-Tied SPAC’s Shares Jump After Historic New York Charge The...
Ares Acquisition Corporation II (NYSE:AACT) filed its S-1 yesterday afternoon for a $400 million IPO, marking the second SPAC to file for an IPO in March and the largest since December 20, 2021, when Gores Holdings X Inc. filed for a $725 million SPAC. Ares II intends to focus its search on an established target...