Netfin Redemptions Less than 3% on Eve of Merger Vote

Netfin in a filing today said that less than 3% of its public shares were submitted for redemption in connection with the company’s previously announced business combination with Triterras Fintech. Following the redemptions, the SPAC said approximately $250 million will remain in Netfin’s trust account. A shareholder vote on the deal is set for Nov. 10. Read more.

Total
0
Shares
Related Posts
Read More

Breeze Holdings Files S-4 on TV Ammo Deal

Cash proceeds raised will consist of Breeze Holdings’ remaining cash in trust (before any further redemptions and payment of any transaction expenses) and $100 million in anticipated new capital, expected to be split between debt and equity.