PepperLime Health Acquisition said in an 8-K that because it missed its deadline for completing a deal, it will redeem shares and shutter operations. No word on the per-share redemption price.
The company expects that the last day of trading on the Nasdaq will be Feb. 7.
The SPAC raised $150 million in an October 2021 IPO with plans to target companies at the intersection of technology and consumer health and wellness. Read more.
