The Latest Liquidations: July 28, 2023
Latest SPAC Liquidations: Conyers Park III, and Blue Whale I
Conyers Park III Acquisition Corp. (CPAA) to Liquidate on August 11
Conyers Park III Acquisition Corp. (Nasdaq: CPAA) today announced that it will redeem all of its outstanding shares of Class A common stock, effective as of August 11.
As of the close of business on August 11, the shares will be deemed cancelled and will represent only the right to receive the per-share redemption price for the shares to be announced at a later date.
Blue Whale I Acquisition Corp. (BWCA) to Liquidate on August 4
Blue Whale Acquisition Corp I (NASDAQ:BWCA) announced today that the Board of Directors of the company has elected to dissolve and liquidate the company.
Net of taxes and dissolution expenses, the per-share redemption price for the shares is expected to be approximately $10.15 based upon the amount held in the trust account as of July 26, which was $232,965,073.07.
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 August 4, 2023.
