Apollo Strategic Growth Capital II (NYSE: APGB) announced that it will liquidate and dissolve effective Nov. 28. Shares will cease trading Nov. 27 on the NYSE.
The per-share redemption price will be approximately $10.58. The balance of the trust as of Nov. 10 was approximately $189.5 million, including approximately $10.4 million in interest income.
Apollo raised $600 million in a February 2021 IPO. Led by CEO and director Sanjay Patel, the SPAC was targeting growth-oriented companies. Read more.
