The Latest Liquidations: June 8, 2023

Latest SPAC Liquidations: JAWS Juggernaut Acquisition Corp., Talon 1 Acquisition Corp.

JAWS Juggernaut Acquisition Corporation (JUGG) to Liquidate on June 22

JAWS Juggernaut Acquisition Corporation (Nasdaq: JUGG) today announced that its board of directors has determined not to proceed with a proposal to extend its corporate existence. As such, the Board has determined to cancel the annual general meeting of shareholders, and to redeem all of its outstanding Class A ordinary shares with such redemption anticipated to be effective on or about June 23.

The per-share redemption price for the shares will be approximately $10.33. The company anticipates that the last day of trading in the Public Shares will be June 22.

Talon 1 Acquisition Corporation (TOAC) to Liquidate on June 20

On June 8, Talon 1 Acquisition Corp. (NASDAQ:TOAC) determined that it will not seek an extension of the time to complete an initial business combination and that it will redeem all of its outstanding Class A ordinary shares, effective as of the close of business on June 20.

The per-share redemption price for the shares will be approximately $10.49.