Sanaby Health Acquisition I announced that due to its inability to close a business combination within deadline it intends to dissolve and liquidate, effective at the close of business tomorrow.
The per-share redemption price is expected to be $10.22 (without giving effect to any interest that may be withdrawn to pay for taxes and dissolution expenses).
The SPAC raised $172.5 million in an October 2021 IPO with plans to identify opportunities in the healthcare industry, with a focus on digital health, life science tools and services, and innovative therapeutics. Read more.
