Search:
   

Friday, June 2, 2023

Equity Corporate Actions Alert #2023 - 318
Information regarding the redemption of Sound Point Acquisition Corp I, Ltd (SPCM/W/U)

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

Resources:

Sound Point Acquisition Corp I, Ltd (SPCM/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 June 5, 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: Sound Point Acquisition Corp I, Ltd Class A Ordinary Share
CUSIP#: G8274F101
Symbol: SPCM
Last Trading Date: June 2, 2023
Marketplace Effective Date for Suspension: June 5, 2023
Redemption rate: Approximately $10.63 per Class A Ordinary Share
Company Name & Issue Type: Sound Point Acquisition Corp I, Ltd Warrant
CUSIP#: G8274F119
Symbol: SPCMW
Last Trading Date: June 2, 2023
Marketplace Effective Date for Suspension: June 5, 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: Sound Point Acquisition Corp I, Ltd Unit
CUSIP#: G8274F127
Symbol: SPCMU
Last Trading Date: June 2, 2023
Marketplace Effective Date for Suspension: June 5, 2023
Redemption rate: Approximately $10.63 per Class A Ordinary Share

Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives. To unsubscribe, also click on the enrollment form

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

View NASDAQTrader.com Mobile