Real-estate focused Sculptor Acquisition I shutting down June 9
Sculptor Acquisition I said it will redeem shares and shutter operations effective June 9.
Shares will cease trading at the close of business June 8. The redemption amount is expected to be $10.52 per share. Read more.
Senior Connect Acquisition I will Redeem Shares June 9
Senior Connect Acquisition I said its board has unanimously voted to accelerate its completion deadline to June 8 and will consequently dissolve and liquidate effective at the close of business June 9. The per-share redemption price is estimated to be approximately $10.03.
Senior Connect I in December entered into a non-binding letter of intent for a business combination with Avellino Lab USA, but a merger agreement never materialized. Read more.
Logistics Innovation Technologies to Liquidate June 15
Logistics Innovation Technologies said it will redeem shares and cease operations effective at the close of business June 15. The SPAC raised $400 million in a March 2021 IPO to target companies that can leverage technology to improve the efficiency of customer supply chains and their markets. Read more.
Social Capital Suvretta Holdings II and IV will Dissolve June 30
Social Capital Suvretta Holdings II announced that it would not close a deal by the July 2 deadline and will redeem stock at an estimated price of $10.25 per share. The shares will stop trading at the close of business June 30.The SPAC raised $200 million in an IPO nearly two years ago. Read more.
Social Capital Suvretta Holdings IV disclosed it, too, will liquidate June 30, being unable to hit its July 2 deal completion deadline. The per-share redemption price will be approximately $10.25.
Both blank-check firms are led by SPAC veteran Chamath Palihapitiya. Read more.
