The Latest Liquidations: January 3, 2023

Latest SPAC Liquidations: Deep Lake Capital Acquisition Corp.

Deep Lake Capital Acquisition Corp. (DLCA) to Liquidate January 13

Deep Lake Capital Acquisition Corp. (Nasdaq: DLCA) announced that it will liquidate and intends to redeem all of the outstanding Class A ordinary shares at a per-share redemption price of approximately $10.124.

The company anticipates that the shares, and associated units and warrants, will cease trading on the Nasdaq Stock Market on January 13, 2023. As of the close of business on January 17, 2023, the shares will be deemed canceled and will represent only the right to receive the redemption amount. After January 17, 2023, the company will cease all operations except for those required to wind up the company’s business.