Latest SPAC Liquidations: Social Capital Suvretta Holdings II & IV, Sculptor Acquisition Corp I, Logistics Innovation Technologies Corp., and Senior Connect I
Social Capital Suvretta Holdings Corp. II (DNAB) to Liquidate on June 30
On May 26, Social Capital Suvretta Holdings Corp. II (NASDAQ:DNAB) announced that it would not complete its initial business combination by its deadline of July 2 and will as promptly as possible redeem 100% of its issued and outstanding Class A ordinary shares.
The Company estimates that the per-share Redemption Amount will be approximately $10.25 and the shares will cease trading as of the close of business on June 30, 2023.
READSocial Capital Suvretta Holdings Corp. IV (DNAD) to Liquidate on June 30
On May 26, Social Capital Suvretta Holdings Corp. IV (NASDAQ:DNAD) announced that it would not complete its initial business combination by its deadline on July 2 and will as promptly as possible redeem 100% of its issued and outstanding Class A ordinary shares.
The company estimates that the per-share Redemption Amount will be approximately $10.25 and the shares will cease trading as of the close of business on June 30, 2023.
READSculptor Acquisition Corp I (SCUA) to Liquidate on June 9
Logistics Innovation Technologies Corp. (LITT) to Liquidate on June 15
Logistics Innovation Technologies Corp. (NASDAQ: LITT) has determined to redeem all of its outstanding shares of Class A common stock, effective as of the close of business on June 15.
The Company anticipates that the last day of trading in the Company’s Public Shares will be June 15.
READSenior Connect Acquisition Corp. I (SNRH) to Liquidate on June 9
On May 26, 2023, Senior Connect Acquisition Corp. I (NASDAQ:SNRH) issued a press release announcing that its board of directors have unanimously voted to accelerate the completion deadline to June 8. As a result, the company intends to dissolve and liquidate, effective as of the close of business on June 9, and will redeem all of the outstanding shares of Class A common stock at an estimated per-share redemption price of approximately $10.03.
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Athena Consumer Acquisition Corp. (NYSE:ACAQ) announced this afternoon that its stockholders approved its combination with German EV-maker e.GO at a special meeting held earlier today. Additionally, Athena Consumer’s warrant proposal to convert all outstanding warrants to 0.175 shares in the combined company was also approved. A total of 884,880 shares of Athena Class A Common...
October is set to be a quiet month for lock-up expirations with only four de-SPACs and four sponsors now open to trade their shares for the first time. The first customer is Bitdeer Technologies. Its shareholders and the Blue Safari sponsor both stand to gain the most out of this group from moving some of...
Graf Acquisition Corp. IV (NYSE:GFOR) announced in an 8-K this afternoon that its shareholders approved its combination with NKGen Biotech at a special meeting September 25. A total of 3,386,528 shares were redeemed in connection with the vote, leaving Graf IV with about $27.6 million in the tank and a final redemption rate of 84.3%....
Anzu Special Acquisition Corp I (NASDAQ:ANZU) has closed its combination with Envoy Medical and its shares and warrants are to begin trading on the Nasdaq under the symbols “COCH” and “COCHW” on October 2. The SPAC secured shareholder approval on September 27 and still has not divulged redemption figures. But, it went into the vote...
Mercato Partners (NASDAQ:MPRA) closed its combination with Brazilian software firm Nuvini this afternoon and its shares and warrants are expected to begin trading on the Nasdaq under the symbols “NVNI” and “NVNIW” on October 2. The combined company will continue to be led by its existing CEO and a seven-member Board including Mercato CEO Dr....