Turmeric Acquisition Will Redeem Shares and Dissolve

Turmeric Acquisition today announced that it will redeem all outstanding Class A shares, effective Oct. 20 because it will not complete a deal by deadline. The per-share redemption price is expected to be $10.05.

The SPAC raised nearly $98 million in a December 2020 IPO with plans to target the healthcare sector. Read more.

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