The Latest Liquidations: February 1, 2023

Latest SPAC Liquidations: DTRT Health Acquisition Corp., Seaport Calibre Materials Acquisition Corp.

DTRT Health (DTRT) to Liquidate on January 30

On January 30, 2023, the stockholders of DTRT Health Acquisition Corp. (Nasdaq: DTRT) approved an amendment to allow the company to redeem all of its issued and outstanding shares of Class A common stock in advance of its current termination date of March 7, 2023 by changing the date to January 30, 2023.

Additionally, the company notified Nasdaq of the mandatory redemption and requested that Nasdaq suspend trading of its shares and redeemable warrants.

Seaport Calibre Materials (SCMA) to Liquidate on February 1

Seaport Calibre Materials Acquisition Corp. (Nasdaq: SCMA) announced today that it intends to dissolve and liquidate, effective as of the close of business on February 1, 2023.

As a result, the Company will redeem all of the outstanding shares of Class A common stock at a per-share redemption price of approximately $10.27.