The Latest Liquidations: June 2, 2023

Latest SPAC Liquidations: Sound Point I, Bullpen Parlay, and Zimmer Energy Transition

Sound Point Acquisition Corp I (SPCM) to Liquidate on June 4

Sound Point Acquisition Corp I, Ltd (NASDAQ: SPCM) announced today that it intends to liquidate and dissolve, effective as of June 4, 2023, and will redeem all of the outstanding Class A ordinary shares at an anticipated per-share redemption price of approximately $10.63.

As of the close of business on June 4, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount. The estimated per-share redemption price for the public shares will be approximately $10.63.

Bullpen Parlay Acquisition Company (BPAC) to Liquidate on June 7

Bullpen Parlay Acquisition Company. (NASDAQ: BPAC) today announced that it will redeem all of the issued and outstanding Class A ordinary shares on or prior to June 7, 2023. Following such redemption of the Public Shares, the Company will liquidate and dissolve.

Zimmer Energy Transition Acquisition Corp. (ZT) to Liquidate on June 16

Zimmer Energy Transition Acquisition Corp. (NASDAQ: ZT) today announced that it will redeem all of the issued and outstanding shares of Common Stock effective as of the close of business on June 16, 2023. Following such redemption of the Public Shares, the Company will liquidate and dissolve.

The public shares will cease trading as of the close of business on June 15, 2023. As of the close of business on June 16, 2023, the public shares will be deemed cancelled and will represent only the right to receive the redemption amount.

The estimated per-share redemption price for the public shares will be approximately $10.25.