The Latest Liquidations: April 17, 2023
by Marlena Haddad on 2023-04-17 at 5:34pm

Latest SPAC Liquidations: Trine II


Trine II (TRAQ) to Liquidate on May 1

Trine II Acquisition Corp. (NYSE: TRAQ), a publicly-traded special purpose acquisition company, today announced that it will redeem all of its outstanding Class A ordinary shares, effective as of May 2, 2023.

The per-share redemption price for the public shares will be approximately $10.35.

The last day that the Company’s securities will trade on the NYSE will be May 1, 2023.

READ

 

Recent Posts
by Nicholas Alan Clayton on 2024-06-07 at 3:19pm

GigCapital7 Corp. (NASDAQ:GIGGU) has brought a unique twist to the return of serial SPAC sponsors and flair of DIY to its filing for a $250 million IPO. Like many SPACs filed over the past month, the vehicle has already seen “non-managing investors” call dibs on $247.5 million of the offering’s units via expressions of interest,...

by Nicholas Alan Clayton on 2024-06-07 at 12:11pm

Electric vertical takeoff and landing (eVTOL) developers emerged as a second wave EV deal during the SPAC boom, but as they near clearance to fly, their first markets look significantly different than they did at announcement. Four SPACs completed combinations with eVTOL developers during a four-month stretch from August to December 2021, with two more...

by Nicholas Alan Clayton on 2024-06-07 at 10:12am

Chenghe Acquisition II Co. (NYSE:CHEB.U) announced the pricing of its $75 million IPO and its units are expected to begin trading on the NYSE American under the symbol “CHEB.U”, Friday, June 7, 2024. The new SPAC intends to focus its target search on Asian targets in the consumer and e-commerce sectors with the capability of...

by Nicholas Alan Clayton on 2024-06-07 at 8:27am

At the SPAC of Dawn WinVest (NASDAQ:WINV) broke a month-long silence of new SPAC deal announcements in May, but has kept investors waiting for more details on its combination with Italian ad-targeting marketplace Xtribe until it dropped a new presentation yesterday. The deck makes clear that although Xtribe’s operations have been largely limited to its...

by Nicholas Alan Clayton on 2024-06-06 at 10:06am

M3-Brigde Acquisition V Corp (NASDAQ:MACIU) has become the fourth serial sponsor to file for an IPO with Cantor Fitzgerald underwriting in the past two weeks, this time with a targeted raise of $250 million and a focus on North American energy targets. The SPAC’s terms also continue the increasing split in the SPAC market between...

logo

Copyright © 2023 SPACInsider, Inc. All Rights Reserved