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Friday, December 9, 2022

Equity Corporate Actions Alert #2022 - 420
(UPDATED: Finalized info) Information Regarding the Anticipated Redemption of Oyster Enterprises Acquisition Corp. (OSTR/W/U)

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  • Industry Announcement

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On December 19, 2022, shareholders of Oyster Enterprises Acquisition Corp. (OSTR/W/U) approved the redemption the company's public shares and not consummate a business combination. If approved, the redemption will occur on or about December 22, 2022 and the public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount. The details are as follows:

Company Name & Issue Type: Oyster Enterprises Acquisition Corp. Class A Common Stock
CUSIP#: 69242M104
Symbol: OSTR
Last Trading Date: December 19, 2022
Marketplace Effective Date for Suspension: December 20, 2022
Redemption rate: $10.07838137 per Class A Common Stock
Company Name & Issue Type: Oyster Enterprises Acquisition Corp. Warrant
CUSIP#: 69242M112
Symbol: OSTRW
Last Trading Date: December 19, 2022
Marketplace Effective Date for Suspension: December 20, 2022
Redemption rate: There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.
Company Name & Issue Type: Oyster Enterprises Acquisition Corp. Unit
CUSIP#: 69242M203
Symbol: OSTRU
Last Trading Date: December 19, 2022
Marketplace Effective Date for Suspension: December 20, 2022
Redemption rate: $10.07838137 per Class A Common Stock

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