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.
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Terms Tracker for the Week Ending September 6, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. It was a short holiday week and while it was light on filings, SPACs did manage to price two IPOs. That means 2024 has now...
Compass Digital (NASDAQ:CDAQ) has entered into a definitive agreement to combine with renewable energy firm EEW at a pro forma enterprise value of $386 million. London-based EEW is a solar, hydrogen and energy storage project developer with 1.4 GW of solar projects sold to date in Australia, the UK, Spain, and Sweden. The combined company...
Evergreen (NASDAQ:EVGR) has entered into a definitive agreement to combine with enterprise software firm Forekast at a pre-money enterprise value of $105 million. The company provides data analytics and customer engagement tools backed by some degree of AI automation to improve efficiencies for its business clients. The combined company is expected to trade on the...
At the SPAC of Dawn The auto-reply messages are off. SPACs are definitively back from vacation and in the thick of it. Two new SPACs are set to debut in trading today in Vine Hill (NASDAQ:VCICU) and Andretti II (NASDAQ:POLEU) and two SPACs have also landed their search on new targets, which could pull a...
Vine Hill Capital Investment Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “VCICU”, Friday, September 6, 2024. The new SPAC intends to focus its search on a target business in the industrial and services industries, where it believes the expertise...