Science Strategic Acquisition Alpha in an 8-K filing today said it will liquidate immediately. Shareholders approved the proposal Friday.
The SPAC said it currently holds about $6 million in trust and expects the per-share redemption price to be $10.
The SPAC raised $270 million in a January IPO with plans at that time to target direct-to-consumer brands, D2C services & marketplaces, and mobile & social entertainment. Read more.