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The Latest Liquidations: December 19, 2022

liquidation

The Latest Liquidations: December 19, 2022

Latest SPAC Liquidations: MDH, RXR, and Oyster Enterprises 


MDH Acquisition Corp. (MDH) to Liquidate on December 29

MDH Acquisition Corp. (NYSE: MDH)  filed a definitive proxy statement relating to a special meeting of stockholders to redeem all of its outstanding shares of Class A common stock by changing the company’s liquidation date from February 4, 2023 to December 29, 2022.

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RXR Acquisition Corp. (RXRA) to Liquidate on December 20

RXR Acquisition Corp. (NASDAQ: RXRA) announced today that the company intends to dissolve and liquidate. It will redeem all of the outstanding shares of Class A common stock at an anticipated per-share redemption price of approximately $10.00.

As of the close of business on December 20, 2022, the shares will be deemed cancelled and will represent only the right to receive the redemption amount.

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Oyster Enterprises (OSTR) to Liquidate on December 19

Stockholders of Oyster Enterprises Acquisition Corp. (Nasdaq: OSTR) approved an amendment to allow the company to redeem all of its issued and outstanding shares of Class A common stock by changing the termination date to December 19, 2022.

The company expects to complete the redemption on or around December 22, 2022 at a per-share redemption price of approximately $10.07.

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