Altimeter Growth 2 disclosed it will wind up and dissolve, being unable to complete a merger by its deadline. The per-share redemption price is expected to be approximately $10.11. Redemptions begin Dec. 21.
With $350 million raised in a January 2021 IPO, the SPAC had planned to focus on targets “in a secular-growth area of the technology sector that will compound growth over the long-term for exponential value creation.” Read more.
