Latest SPAC Liquidations: FTAC Athena, FTAC Parnassus , FTAC Hera, Kismet Acquisition Three
FTAC Athena Acquisition Corp. (FTAA) to Liquidate on February 24
FTAC Athena Acquisition Corp. (NASDAQ:FTAA) a blank-check company formed for the purpose of acquiring or merging with one or more businesses, today announced that it intends to dissolve and liquidate, effective as of the close of business on February 24, 2023, and will redeem all of the outstanding Class A ordinary shares, at a per-share redemption price of approximately $10.17.
As of the close of business on February 24, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount.
READFTAC Parnassus Acquisition Corp. (FTPA) to Liquidate on March 16
FTAC Parnassus Acquisition Corp. (NASDAQ:FTPA) today announced that it intends to dissolve and liquidate, effective as of the close of business on March 16, 2023, and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering, at a per-share redemption price of approximately $10.13.
As of the close of business on March 16, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount.
READFTAC Hera Acquisition Corp. (HERA) to Liquidate on March 8
FTAC Hera Acquisition Corp. (NASDAQ:HERA) today announced that it intends to dissolve and liquidate, effective as of the close of business on March 8, 2023, and will redeem all of the outstanding Class A ordinary shares that were included in the units issued in its initial public offering, at a per-share redemption price of approximately $10.17.
As of the close of business on March 8, 2023, the shares will be deemed cancelled and will represent only the right to receive the redemption amount.
READKismet Acquisition Three Corp. (KIII) to Liquidate on February 22
Kismet Acquisition Three Corp. (Nasdaq: KIII) today announced that it will redeem all of its outstanding Class A ordinary shares, effective as of the close of business on February 22, 2023.
The per-share redemption price for the public shares is expected to be approximately $10.19.
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two (NYSE:PIAI) announced in an 8-K this morning that it has pushed back its special meeting one week from March 24 to 10 am ET, March 31. Shareholders at the meeting will consider a proposal to extend its transaction deadline from April 1 to January 1, 2024. The SPAC’s sponsor has not yet offered to...
Terms Tracker for the Week Ending March 17, 2023 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. Despite this week’s headlines about bank failures, EF Hutton managed to file both a new S-1 registration statement and price an IPO. They should have...
Latest SPAC Liquidations: Northern Genesis III, MSD, and Tech and Energy Transition Corp. Northern Genesis Acquisition Corp. III (NGC) to Liquidate on March 24 Northern Genesis III (NYSE:NGC) announced that it will redeem all outstanding shares effective as of the close of business on March 27. Shares will cease trading on March 24 and the per-share...
Tech and Energy Transition Corp. (NASDAQ: TETC) announced this afternoon that its shareholders have voted against a proposal to extend the SPAC’s timeline to complete a business combination. Holders of 38,069,946 shares of TETC’s common stock, comprised of 28,495,396 shares of Class A common stock, and 9,575,000 shares of Class B common stock, were present at...
Direct Selling Acquisition Corp. (NYSE: DSAQ) announced this morning that it intends to adjourn its extension vote, originally scheduled to be held on March 22, and will reconvene on March 24 at 11:00 a.m. The SPAC has also extended the redemption deadline to March 22 at 5:00 p.m. It is currently facing a completion deadline of March...