Big Sky Growth Partners in a regulatory filing today said shareholders on Dec. 12 approved a proposal for the SPAC to wind up operations and redeem shares starting this week. The original termination deadline was May 3, 2023.
According to the filing, 31,908,707 shares were voted in favor of termination. None were opposed.
Big Sky raised $300 million in a May 2021 IPO to focus on digitally native Internet Retail and Direct-to-Consumer companies.
The SPAC is led by Chairman and CEO Mark Vadon, who co-founded Zulily, a consumer internet retailer of products targeting moms, babies and children. Read more.
