The Latest Liquidations: January 6, 2023
Latest SPAC Liquidations: TZP Strategies, Authentic Equity, and IG Acquisition Corp
TZP Strategies Acquisition Corp. (TZPS) to Liquidate on January 23
TZP Strategies Acquisition Corp. (NASDAQ:TZPS) today announced that it will redeem all of its outstanding Class A ordinary shares, effective as of the close of business on January 23, 2023.
Net of taxes and dissolution expenses, the per-share redemption price for the Public Shares is expected to be approximately $10.14.
The company anticipates that the last day of trading in the Class A ordinary shares will be January 20, 2023. As of the close of business on January 23, 2023, the shares will be deemed cancelled and will represent only the right to receive the redemption amount.
READAuthentic Equity Acquisition Corp. (AEAC) to Liquidate on January 20
Authentic Equity Acquisition Corp. (Nasdaq: AEAC) today announced that it will redeem all of its outstanding Class A ordinary shares, effective as of the close of business on January 20, 2023.
The per-share redemption price for the Public Shares will be approximately $10.143.
As of the close of business on January 20, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the Redemption Amount.
READIG Acquisition Corp. (IGAC) to Liquidate on January 11
IG Acquisition Corp. (NASDAQ:IGAC) announced in an 8-K this afternoon that it has terminated its business combination with mobile gaming platform PlayUp and will instead liquidate its trust, effective as of the close of business on January 11.
Additionally, it will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its IPO at a per-share redemption price of approximately $10.12
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