Latest SPAC Liquidations: Northern Genesis III, MSD, and Tech and Energy Transition Corp.
Northern Genesis Acquisition Corp. III (NGC) to Liquidate on March 24
Northern Genesis III (NYSE:NGC) announced that it will redeem all outstanding shares effective as of the close of business on March 27. Shares will cease trading on March 24 and the per-share redemption price is expected to about $10.15
READMSD Acquisition Corp. III (MSDA) to Liquidate on March 29
MSD Acquisition Corp. (Nasdaq: MSDA) today announced that it will redeem all of its outstanding Class A ordinary shares, effective as of the close of business on March 29.
The per-share redemption price for the Public Shares will be approximately $10.22.
READTech and Energy Transition Corp. (TETC) to Liquidate on March 27
Tech and Energy Transition Corp.(NASDAQ:TETC) announced this afternoon that its shareholders have shot down a proposal to extend its timeline to complete a business combination. As a result, the SPAC is being forced to liquidate as promptly as possible.
The per-share redemption price for the shares of the Class A Common Stock is expected to be approximately $10.18. TETC anticipates that its shares of the Class A Common Stock, as well as its publicly traded units and warrants, will cease trading as of the close of business on March 27, and the redemption amount will be paid on March 29.
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Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: DWAC rises in wake of Trump’s indictment, Senator Kennedy introduces SPAC Act to protect investors, and Abacus Life appoints new managing director DWAC rises in wake of Donald Trump’s indictment Shares of Digital World...
Priveterra Acquisition Corp. (NASDAQ:PMGM) announced in an 8-K this morning that it plans to once again adjourn its special meeting to approve its combination with AEON Biopharma from noon today to the same time June 13. The SPAC has been using these additional days to further engage with its shareholders and its ballot includes measures...
Latest SPAC Liquidations: JAWS Juggernaut Acquisition Corp., Talon 1 Acquisition Corp. JAWS Juggernaut Acquisition Corporation (JUGG) to Liquidate on June 22 JAWS Juggernaut Acquisition Corporation (Nasdaq: JUGG) today announced that its board of directors has determined not to proceed with a proposal to extend its corporate existence. As such, the Board has determined to cancel the...
Rice II (NYSE: RONI) announced today that it has completed its combination with energy technology company NET Power. The deal was originally approved by shareholders at a special meeting yesterday with relatively low redemptions. A total of 21,195,224 shares were redeemed in connection to the vote, removing 61% of Rice II’s trust. NET Power is to...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: BlackSly and Momentus win contracts, Terran Orbital’s CAPSTONE completes primary mission, and Richard Branson puts himself and Virgin brand on trial BlackSky and Momentus Win Contracts Momentus (NASDAQ:MNTS) has won a contract with Apogeo...