The Latest Non-Redemption Agreements: May 17, 2023
by Marlena Haddad on 2023-05-17 at 5:34pm

Latest Non-Redemption Agreements: Bleuacacia ltd.


Bleuacacia (BLEU) Adds Non-Redemption Agreement

On May 16, Bleuacacia (NASDAQ:BLEU) and the sponsor entered into further non-redemption agreements with five additional unaffiliated third parties, pursuant to which such third parties agreed not to redeem an aggregate of 750,000 Class A ordinary shares.
In exchange for the foregoing commitments not to redeem such Class A ordinary shares, the sponsor agreed to transfer an aggregate of 187,500 Class B ordinary shares held by the sponsor to such third parties. The non-redemption agreements will increase the amount of funds that remain in the company’s trust account following the extension meeting.
READ

 

Recent Posts
by Nicholas Alan Clayton on 2023-09-20 at 2:34pm

Vahanna Tech Edge Acquisition I Corp. (NASDAQ:VHNA) has closed its combination with insuretech firm Roadzen and its shares and warrants will begin trading on the Nasdaq tomorrow, September 21, under the symbols “RDZN” and “RDZNW”. The SPAC secured shareholder approval for the deal about a month ago in an August 25 vote and it has...

by Nicholas Alan Clayton on 2023-09-20 at 11:35am

Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.  Abu Dhabi royal-backed firms to merge in region’s first SPAC deal ADC Acquisition Corporation (ADC.AD), a blank-cheque company backed by a prominent Abu Dhabi royal, has agreed to acquire state investment fund ADQ’s United Printing & Publishing,...

by Nicholas Alan Clayton on 2023-09-20 at 10:13am

Digital Transformation (NASDAQ:DTOC) announced in an 8-K this morning that its shareholders approved its business combination with physician network American Oncology at a special meeting yesterday. The two sides later announced they have closed the transaction and the combined company will begin trading on the Nasdaq under the symbol “AONC” on September 21. The SPAC,...

by Nicholas Alan Clayton on 2023-09-20 at 9:50am

Hennessy Capital Investment Corp VI (NASDAQ:HCVI) announced in an 8-K filing this morning that it will push its September 27 extension vote to 9 am ET September 29. Shareholders will now have until 5 pm ET September 27 to make their final redemption decisions and owners of 132,398 shares have decided to stay in as...

by Kristi Marvin on 2023-09-19 at 5:15pm

Blockchain Coinvestors I (NASDAQ:BCSA) announced this afternoon that it is postponing its special meeting to extend its timeline to complete its business combination. The meeting was originally scheduled to be held on September 22, but will now be moved to Friday, October 27, 2023, at 11:30 a.m. Eastern Time. The SPAC is hoping to gain...

logo

Copyright © 2023 SPACInsider, Inc. All Rights Reserved