Atlantic Coastal Acquisition Corp. Will Redeem Its Public Shares And Will Not Consummate An Initial Business Combination; Per-Share Redemption Price For The Public Shares Will Be ~$10.40
Atlantic Coastal Acquisition Corp. Will Redeem Its Public Shares And Will Not Consummate An Initial Business Combination; Per-Share Redemption Price For The Public Shares Will Be ~$10.40
大西洋海岸收購公司將贖回其公開股份，不會完成初始業務合併；公開股票的每股贖回價格約爲10.40美元
NEW YORK, Aug. 18, 2023 /PRNewswire/ -- Atlantic Coastal Acquisition Corp. (NASDAQ:ACAH) (the "Company"), a special purpose acquisition corporation, today announced that it will redeem all of its outstanding shares of Class A common stock (the "public shares"), effective as of August 18, 2023, because the Company will not consummate an initial business combination within the time period required by its Second Amended and Restated Certificate of Incorporation (the "Certificate of Incorporation").
紐約，2023年8月18日電/美通社/--特殊目的收購公司大西洋海岸收購公司(納斯達克股票代碼：ACAH)(“本公司”)今天宣佈，由於公司不會在其第二次修訂和重新修訂的公司註冊證書(“公司註冊證書”)所要求的時間內完成初始業務合併，它將贖回自2023年8月18日起生效的所有A類普通股已發行股票(“公開股份”)。
As stated in the Company's Certificate of Incorporation, if the Company is unable to complete an initial business combination by June 8, 2023 (subject to certain inapplicable exceptions), the Company will:
如公司註冊證書中所述，如果公司無法在2023年6月8日之前完成初步業務合併(受某些不適用的例外情況的限制)，公司將：
cease all...
停止...
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