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The Latest Liquidations: December 1, 2022

liquidation

The Latest Liquidations: December 1, 2022

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC Liquidations: Atlas Crest Investment II and One Equity Partners Open Water I


Atlas Crest Investment Corp. II to Liquidate Trust

Atlas Crest II’s (NYSE:ACII) board and shareholders have agreed to establish today, December 1, 2022, as the early termination date.

The company is obligated to redeem all public shares as as promptly as possible but not more than ten business days after the today. Atlas Crest Investment Corp. II expects to complete such redemption on or about December 6, 2022. A redemption value per share was not provided.

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One Equity Partners Open Water I Corp. to Liquidate Trust

One Equity Partners Open Water I Corp. (Nasdaq: OEPW)shareholders approved an amendment to change the termination date from January 26, 2023 to December 8, 2022 .

The company expects to complete the redemption on or about December 9, 2022 for $10.00 per share.

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