Ahren Acquisition will Redeem and Shut Down June 19

 Ahren Acquisition announced its board of directors has determined to redeem all outstanding shares effective June 19, because the SPACe will not meet its deadlione for completing a deal.

The last day of trading will be June 16. The per-share redemption price is expected to be approximately $10.49 based on the balance of the trust account as of May 31, which was approximately $314.8 million.

Following a December 2021 IPO, the SPAC was focused on high growth, domain leading companies fueled by breakthrough deep technology and/or deep science. Read more.

 

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