Sandbridge X2 filed a preliminary proxy in which it asks shareholders to vote to wind up the SPAC and redeem shares starting Dec. 15. The current termination date is March 12, 2023.
The SPAC raised $220 million in a March 2021 IPO with plans to target companies in the consumer sector and consumer-related businesses.
Sandbridge X2 was reportedly in merger talks with Hydrow, a maker of rowing machines, in August 2021 although nothing ever came of it. Read more.
