EQ Health Acquisition has begun liquidation proceedings, following shareholder approval Wednesday. Share redemptions are expected to be completed by Dec. 28.
The NYSE in November delisted the SPAC’s warrants due to low price levels, but allowed shares to continue trading.
EQ Health raised $220 million in a February 2021 IPO with plans to focus on identifying, acquiring and building an undervalued, growth-oriented company in the healthcare services sector. Read more.