The Latest Non-Redemption Agreements: June 12, 2023
by Marlena Haddad on 2023-06-12 at 5:51pm

Latest Non-Redemption Agreements: Acropolis Infrastructure


Acropolis Infrastructure Acquisition Corp. (ACRO) Adds Non-Redemption Agreement

On June 9 and June 12, 2023, Acropolis Infrastructure Acquisition Sponsor, L.P., the sponsor of Acropolis Infrastructure Acquisition Corp. (NYSE:ACRO), and the company, entered into agreements with several unaffiliated third parties in exchange for them agreeing not to redeem an aggregate of 1,300,000 shares of Class A common stock at the special meeting.

In exchange for the foregoing commitment not to redeem such shares, the sponsor has agreed to transfer to such investors an aggregate of 325,000 shares of Class B common stock of the company held by the Sponsor immediately following consummation of an initial business combination if they continue to hold such shares through the meeting.

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