Post Holdings Partnering said its board has decided to redeem all outstanding shares of Series A stock effective May 30. After a $300 million IPO nearly two yeasrs ago the SPAC has been unable to secure a deal.
The last day of trading in stock will be May 26. The share redemption price will be announced later, the SPAC said.
Post Holdings was targeting companies in the consumer packaged goods industry. Read more.
