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Thursday, March 23, 2023

Equity Corporate Actions Alert #2023 - 180
Information regarding the redemption of Levere Holdings Corp. (LVRA/W/U)

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  • Industry Announcement

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Levere Holdings Corp. (LVRA/W/U) has announced it will redeem its public shares and will not consummate an initial business combination. As of the close of business on March 23, 2023 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: Levere Holdings Corp. Class A Ordinary Shares
CUSIP#: G5462L106
Symbol: LVRA
Last Trading Date: March 23, 2023
Marketplace Effective Date for Suspension: March 24, 2023
Redemption rate: Approximately $10.23028652 per Class A Ordinary Share
Company Name & Issue Type: Levere Holdings Corp Warrant
CUSIP#: G5462L122
Symbol: LVRAW
Last Trading Date: March 23, 2023
Marketplace Effective Date for Suspension: March 24, 2023
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: Levere Holdings Corp Unit
CUSIP#: G5462L114
Symbol: LVRAU
Last Trading Date: March 23, 2023
Marketplace Effective Date for Suspension: March 24, 2023
Redemption rate: Approximately 10.23028652 per Class A Ordinary Share

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