Latest SPAC Liquidations: Jackson Acquisition Company, and Axios Sustainable Growth Acquisition Corp.
Jackson Acquisition Company (RJAC) to Liquidate on June 12
Jackson Acquisition Company (NYSE: RJAC.U) today announced that it will redeem all of the outstanding shares of Class A common stock, effective as of the close of business on June 13, 2023.
Based on the amount held in trust as of March 31, 2023, the per-share redemption price for the Public Shares is expected to be approximately $10.38.
The Company anticipates that the Public Shares, as well as the Company’s publicly traded units and warrants, will cease trading as of the close of business on June 12, 2023.
READAxios Sustainable Growth Acquisition Corp. (AXAC) Cancels Meeting, Plans to Liquidate on May 18
AXIOS Sustainable Growth Acquisition Corporation (NYSE:AXAC) has determined not to convene its extension meeting and will instead begin the process of redeeming all of its outstanding ordinary shares, effective as of the close of business on May 18.
READ
Terms Tracker for the Week Ending July 11, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. One more IPO priced this week bringing July’s total to 8. However, there are still three more weeks left in the month so that number...
At the SPAC of Dawn Lately de-SPACs have been announcing corporate moves of a kind frequently in trios as was the case earlier this week when WeBull (NASDAQ:BULL), AST SpaceMobile (NASDAQ:ASTS) and Quantum-Si (NASDAQ:QSI) all announced major equity raises. This week, it is a trio of de-SPACs making reverse stock splits in unison, which is...
A look at Plus’ software-first approach to autonomous trucking. After years of investment and excitement, the dawn of self-driving cars and trucks is now here. The question now is which business model among autonomous driving technology companies will win out? This week, we speak with David Liu, CEO of autonomous trucking company Plus. Plus announced...
At the SPAC of Dawn One thing that SPAC investors can typically count on while their money is invested in a SPAC’s trust is that it is going to grow one way or the other between now and their next redemption opportunity, but the devil can occasionally be in the details. In 2024, it became...
Thunderstone has filed for a $50 million SPAC to put a new first-time Asia-based team in action on a generalist hunt. The new SPAC is offering investors a right to a 1/8 share in each unit with 18 months to initially complete a business combination. It is the 8th fresh S-1 filed with underwriter D....