Roth CH IV announced today in an 8-K that the exclusivity requirements under the Letter of Intent it signed in June are no longer in effect, and as a result, both the SPAC and the target company may seek and negotiate merger transactions with other parties. Although Roth CH IV and the target are no longer negotiating on an exclusive basis, according to the filing, negotiations between the two parties remain ongoing.
The SPAC raised $100 million in an August 2021 IPO. Roth CH IV is focused on business services, consumer, healthcare, technology, wellness or sustainability sectors. Read more.
