Latest SPAC Liquidations: Peridot II, Agile Growth, Far Peak and FinTech Evolution Group
Peridot Acquisition Corp. II (PDOT) to Liquidate March 13
Peridot Acquisition Corp. II (NYSE: PDOT) today announced that it will redeem all of its outstanding Class A ordinary shares effective as of the close of business on March 13, 2023.
The per-share redemption price for the public shares will be approximately $10.19. The balance of the Trust Account as of February 21, 2023 was approximately $416,222,593, which includes approximately $3,483,133 in interest and dividend income.
READAgile Growth to Liquidate (AGGR) to Liquidate March 13
Agile Growth Corp. (Nasdaq: AGGR) today announced that as of the close of business on March 13, 2023, the Company’s publicly held Class A ordinary shares will be deemed cancelled and will represent only the right to receive from the Company’s trust account the per-share redemption price for the shares to be announced at a later date.
READFar Peak (FPAC) to Liquidate on March 13
Far Peak Acquisition Corp. (NYSE: FPAC) today announced that it will redeem all of its outstanding Class A ordinary shares, as of March 13, 2023.
Net of dissolution expenses, the per-share redemption price for the Class A Shares is expected to be approximately $10.21.
READFinTech Evolution (FTEV) to Liquidate on March 13
FinTech Evolution Acquisition Group (NYSE: FTEV), announced today the Board of Directors has elected to dissolve and liquidate the company, and will redeem all of the outstanding Class A ordinary shares at a per-share redemption price currently estimated to be approximately $10.18.
As of the close of business on March 13, 2023, the shares will be deemed cancelled and will represent only the right to receive the redemption amount.
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Shepherd Ave Capital Acquisition Corp. (Nasdaq: SPHAU) is the latest SPAC to file to IPO, making 24 new registration statements that have filed since June 1, 2024. So far, only two of those 24 have gone public, but it does indicate an active August. In SPACLand at least, August is never slow. As for Shepherd...
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FTAC Emerald (NASDAQ:EMLD) has entered into a definitive agreement to combine with crypto fintech firm Fold at an enterprise value of $381 million. Phoenix, Arizona-based Fold provides digital banking services backed by a treasury of Bitcoin that includes FDIC-secured checking accounts as well Bitcoin trading and awards. The combined company is expected to trade on...