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.
READAt the SPAC of Dawn Happy Friday! SPACInsider has unveiled new presets on SPAC Performance accessible via the Data drop-down to easily sort for the highest and lowest performing active SPACs and de-SPACs. On the de-SPAC side, Vertiv (NYSE:VRT) continues to be well ahead of the pack, logging a 710% return by share price adjusted...
AGBA (NASDAQ:AGBA) stock is up over +90% this morning following a +211% premarket spike on news it has signed a definitive agreement to combine with social streaming video platform Triller. AGBA, the company itself, was formed by the $555 million combination between a SPAC of the same name and TAG Companies, a financial services firm...
At the SPAC of Dawn Since closing its combination with DHC last month, AI customer engagement firm BEN (NASDAQ:BNAI) has rolled out new partnerships with call center and healthcare clients. And, while it faces a fair bit of competition in the chatbot realm, several high-profile institutions have demonstrated that creating one that provides useful services...
Blue Ocean (NASDAQ:BOCN) provided significantly more texture today in the presentation for its $275 million combination with Asian digital media group TNL Mediagene, which it expects to hit profitability in the second half of the year despite a slight shakeup in financing for the transaction. The first big update in the first investor deck is...
At the SPAC of Dawn A brand new market may have just opened up for space de-SPACs as NASA administrator Bill Nelson announced a shift in the agency’s $11 billion program for a mission to return samples from Mars. Rather than rely on the agency’s internal technologies that would be predicted to get a sample...