Latest SPAC Liquidations: Sound Point I, Bullpen Parlay, and Zimmer Energy Transition
Sound Point Acquisition Corp I (SPCM) to Liquidate on June 4
Sound Point Acquisition Corp I, Ltd (NASDAQ: SPCM) announced today that it intends to liquidate and dissolve, effective as of June 4, 2023, and will redeem all of the outstanding Class A ordinary shares at an anticipated per-share redemption price of approximately $10.63.
As of the close of business on June 4, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount. The estimated per-share redemption price for the public shares will be approximately $10.63.
READBullpen Parlay Acquisition Company (BPAC) to Liquidate on June 7
Bullpen Parlay Acquisition Company. (NASDAQ: BPAC) today announced that it will redeem all of the issued and outstanding Class A ordinary shares on or prior to June 7, 2023. Following such redemption of the Public Shares, the Company will liquidate and dissolve.
READZimmer Energy Transition Acquisition Corp. (ZT) to Liquidate on June 16
Zimmer Energy Transition Acquisition Corp. (NASDAQ: ZT) today announced that it will redeem all of the issued and outstanding shares of Common Stock effective as of the close of business on June 16, 2023. Following such redemption of the Public Shares, the Company will liquidate and dissolve.
The public shares will cease trading as of the close of business on June 15, 2023. As of the close of business on June 16, 2023, the public shares will be deemed cancelled and will represent only the right to receive the redemption amount.
The estimated per-share redemption price for the public shares will be approximately $10.25.
READWelsbach Technology Metals Acquisition Corp. (WTMA) to Discuss Non-Redemption Agreements Welsbach Technology Metals Acquisition Corp. (NASDAQ:WTMA) announced in an 8-K today that it intends to discuss signing non-redemption agreements of unspecified size with investors ahead of its September 28 extension vote. Any takers on the offer would receive additional shares in the company’s combination target...
Latest SPAC Liquidations: Iconic Sports Acquisition Corp. Iconic Sports Acquisition Corp. (ICNC) to Liquidate on October 11, 2023 Iconic Sports Acquisition Corp. (NYSE: ICNC), today announced that its board of directors has determined to redeem all of its issued and outstanding Class A ordinary shares, effective as of October 11, 2023. The Company anticipates that...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Conduit’s $1.2bn Nasdaq listing deals another blow to London A British biopharmaceuticals business has completed a deal to list on Nasdaq, delivering a further blow to the London Stock Exchange which has struggled to persuade fast-growing companies...
Mercato Partners (NASDAQ:MPRA) announced in an 8-K this morning that it has added an $11.1 million PIPE at $10 per share to its combination with Brazilian software firm Nuvini. The PIPE investors remain unnamed for now, but this move would cover the combination’s $10 million minimum cash condition. That eliminates some uncertainty as Mercato approaches...
Terms Tracker for the Week Ending September 22, 2023 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. SPACs finally saw two new S-1 filings this week, the first to file since August 24th. Hainan Sirius Acquisition Corp. filed first on Thursday and...