Latest SPAC Liquidations: Arbor Rapha Capital Bioholdings Corp. I, SVF Investment Corp. 2, and Emerging Markets Horizon Corp.
Arbor Rapha Capital Bioholdings Corp. I (ARCK) Announces Intent to Liquidate on March 7
On March 3, 2023, Arbor Rapha Capital Bioholdings Corp. I (NASDAQ:ARCK) held a special meeting where stockholders approved a proposal to change the liquidation date from August 2, 2023 to March 7, 2023.
In connection therewith, the company gave formal notice to Nasdaq on March 3, 2023 of its intention to dissolve and liquidate and requested that Nasdaq file a Form 25 with the SEC to delist its securities.
Stockholders elected to redeem an aggregate of 4,233 shares of Class A Common Stock, representing approximately 6.9% of the issued and outstanding Class A Common Stock.
READSVF Investment Corp. 2 (SVFB) to Liquidate on March 9
SVF Investment Corp. 2 (Nasdaq: SVFB) today announced that as of the close of business on March 9, 2023, the company’s publicly held Class A ordinary shares will be deemed cancelled and will represent only the right to receive their pro-rata share in the trust.
The per-share redemption price for the shares will be approximately $10.21.
READEmerging Markets Horizon Corp. (HORI) to Liquidate on March 13
Emerging Markets Horizon Corp. (NASDAQ:HORI) announced today that it intends to dissolve and liquidate and will redeem all of the outstanding Class A ordinary shares that were included in the units issued in its IPO, at a per-share redemption price of approximately $10.41.
As of the close of business on March 13, 2023, the shares will be deemed cancelled and will represent only the right to receive the redemption amount. The company anticipates that the shares, as well as the Company’s publicly traded units and warrants, will cease trading as of the close of business on March 10, 2023.
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Terms Tracker for the Week Ending June 27, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. June continued its late-month rally with another five SPAC IPOs pricing this week, bringing the monthly total to 10 and the 2025 year-to-date count to...
Blueport (NASDAQ:BPACU) has filed for a $69 million SPAC that would bring another first-time sponsor team to market. The new SPAC is offering investors a right to a 1/6 share in each unit and it will have 15 months to complete a business combination. It is underwritten by Alliance Global Partners and will not be...
At the SPAC of Dawn The markets appear to poised to continue a rosy week with futures in the green in anticipation of PCE inflation readings. Space is one of the sectors feeling the most love recently and launch services firm Rocket Lab (NASDAQ:RKLB) is keeping up the momentum, scheduling two launches within 48 hours...
FIGX Acquisition Corp. (NASDAQ:FIGXU) announced the pricing of its $131 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FIGXU”, Friday, June 27, 2025. The new SPAC aims to seek out a financial services target with a particular focus on wealth and asset managers with the potential to...
Yorkville Acquisition Corp. (NASDAQ:YORKU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “YORKU”, Friday, June 27, 2025. The new SPAC plans to combine with a target company in the telecom, media or technology sectors. Yorkville Acquisition Corp.’s management team is led...