Latest SPAC Liquidations: Social Capital Suvretta Holdings II & IV, Sculptor Acquisition Corp I, Logistics Innovation Technologies Corp., and Senior Connect I
Social Capital Suvretta Holdings Corp. II (DNAB) to Liquidate on June 30
On May 26, Social Capital Suvretta Holdings Corp. II (NASDAQ:DNAB) announced that it would not complete its initial business combination by its deadline of July 2 and will as promptly as possible redeem 100% of its issued and outstanding Class A ordinary shares.
The Company estimates that the per-share Redemption Amount will be approximately $10.25 and the shares will cease trading as of the close of business on June 30, 2023.
READSocial Capital Suvretta Holdings Corp. IV (DNAD) to Liquidate on June 30
On May 26, Social Capital Suvretta Holdings Corp. IV (NASDAQ:DNAD) announced that it would not complete its initial business combination by its deadline on July 2 and will as promptly as possible redeem 100% of its issued and outstanding Class A ordinary shares.
The company estimates that the per-share Redemption Amount will be approximately $10.25 and the shares will cease trading as of the close of business on June 30, 2023.
READSculptor Acquisition Corp I (SCUA) to Liquidate on June 9
Logistics Innovation Technologies Corp. (LITT) to Liquidate on June 15
Logistics Innovation Technologies Corp. (NASDAQ: LITT) has determined to redeem all of its outstanding shares of Class A common stock, effective as of the close of business on June 15.
The Company anticipates that the last day of trading in the Company’s Public Shares will be June 15.
READSenior Connect Acquisition Corp. I (SNRH) to Liquidate on June 9
On May 26, 2023, Senior Connect Acquisition Corp. I (NASDAQ:SNRH) issued a press release announcing that its board of directors have unanimously voted to accelerate the completion deadline to June 8. As a result, the company intends to dissolve and liquidate, effective as of the close of business on June 9, and will redeem all of the outstanding shares of Class A common stock at an estimated per-share redemption price of approximately $10.03.
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Terms Tracker for the Week Ending July 11, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. One more IPO priced this week bringing July’s total to 8. However, there are still three more weeks left in the month so that number...
At the SPAC of Dawn Lately de-SPACs have been announcing corporate moves of a kind frequently in trios as was the case earlier this week when WeBull (NASDAQ:BULL), AST SpaceMobile (NASDAQ:ASTS) and Quantum-Si (NASDAQ:QSI) all announced major equity raises. This week, it is a trio of de-SPACs making reverse stock splits in unison, which is...
A look at Plus’ software-first approach to autonomous trucking. After years of investment and excitement, the dawn of self-driving cars and trucks is now here. The question now is which business model among autonomous driving technology companies will win out? This week, we speak with David Liu, CEO of autonomous trucking company Plus. Plus announced...
At the SPAC of Dawn One thing that SPAC investors can typically count on while their money is invested in a SPAC’s trust is that it is going to grow one way or the other between now and their next redemption opportunity, but the devil can occasionally be in the details. In 2024, it became...
Thunderstone has filed for a $50 million SPAC to put a new first-time Asia-based team in action on a generalist hunt. The new SPAC is offering investors a right to a 1/8 share in each unit with 18 months to initially complete a business combination. It is the 8th fresh S-1 filed with underwriter D....