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.READ
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.READ
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.READ