The Latest Liquidations: September 28, 2023
by Kristi Marvin on 2023-09-28 at 5:32pm

Latest SPAC Liquidations: Schultze Special Purpose Acquisition Corp. II


Schultze Special Purpose Acquisition Corp. II (SAMA) to Liquidate on October 11, 2023

Schultze Special Purpose Acquisition Corp. II (Nasdaq: SAMA), announced that it will redeem all of the outstanding shares of its Class A common stock effective as of October 11, 2023.

The Company expects that the last day of trading of its units, Class A common stock and warrants on The Nasdaq Stock Market LLC (“Nasdaq”) will be on or about October 11, 2023 and the Common Stock will be deemed cancelled and will represent only the right to receive the Redemption Amount on or around October 11, 2023.

The per-share redemption price for the public shares is expected to be approximately $10.58.

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