Argus Capital in an 8-K filing said its shareholders voted to authorize the SPAC to reem stock and liquidate ahead of its March 2023 deadline.
The SPAC expects to complete its liquidation by Dec. 23 at a per-share redemption price of approximately $10.28.
Argus raised $265 million in a September 2021 IPO to pursue a business transaction with a company in the tech-driven media industry. Read more.
