Alberton Acquisition announced that it changed the record date for issuing dividend warrants to the holders of public ordinary shares and units.
On April 20 last year, Alberton agreed that if the SPAC’s request for a merger deadline extension was approved, it would issue one dividend warrant for every share not redeemed in connection with the shareholder vote to extend the deadline.
The dividend warrants are identical to the warrants included in the units sold in Alberton’s IPO.
The company received redemption requests on 10,073,512 shares, resulting in 1,414,480 remaining public shares issued and outstanding. The SPAC said it expects payment of the dividend warrants to be made today.
Since the deadline extension the SPAC has entered a pending merger agreement with SolarMax. Read more.
