Latest SPAC Liquidations: Belong Acquisition Corp.
Belong Acquisition Corp. (BLNG) to Liquidate on July 27
Belong Acquisition Corp. (NASDAQ:BLNG) today announced that it intends to dissolve and liquidate, effective as of the close of business on July 27, and will redeem all of the outstanding shares of Class A common stock.
The per-share redemption price for the shares will be an amount equal to the balance in the trust account after any permitted trust withdrawals for taxes and permitted expenses, divided by the number of shares outstanding. The Company is in the process of determining the estimated expenses and will announce the Redemption Amount prior to liquidation.
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