Latest SPAC Liquidations: Aries I
Aries I Acquisition Corp. (RAM) to Liquidate on March 21
On March 21, Aries I Acquisition Corporation (NASDAQ:RAM) announced that it will not seek an extension of the time to complete an initial business combination and that it will redeem all of its outstanding Class A ordinary shares, effective as of the close of business on March 21.
The per-share redemption price for the shares will be approximately $10.51.
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Terms Tracker for the Week Ending June 2, 2023 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. As is typical of slow holiday weeks, this past week for SPACs was no exception. To wit, there were zero new S-1s filed, zero amendments...
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