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The Latest Liquidations: December 20, 2022

liquidation

The Latest Liquidations: December 20, 2022

Latest SPAC Liquidations: Class Acceleration, SOAR Technology, and Argus Capital


Class Acceleration Acquisition Corp. (CLAS) to Liquidate on December 29

Class Acceleration’s (NYSE:CLAS) board of directors has determined to liquidate and dissolve the company as soon as practicable before December 31, 2022. The securities last day of trading on the NYSE will be on December 29, 2022 and the redemption date is expected to be on December 30, 2022.

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SOAR Technology Acquisition Corp. (FLYA) to Liquidate on December 20

SOAR Technology Acquisition Corp. (NYSE: FLYA) announced yesterday that it intends to dissolve and liquidate, effective as of the close of business on December 20, 2022, and will redeem all of the outstanding Class A ordinary shares that were included in the units issued in its initial public offering, at a per-share redemption price of approximately $10.42.

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Argus Capital Corp. (ARGU) to Liquidate on December 20

At the special meeting of stockholders of Argus Capital Corp.(NASDAQ:ARGU), stockholders approved an amendment to change the termination date from March 24, 2023 to December 20, 2022.

The company expects to complete the mandatory redemption on or around December 23, 2022 at a per-share redemption price of approximately $10.28.

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