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Tuesday, August 15, 2023

Equity Corporate Actions Alert #2023 - 467
Information regarding the redemption of AxonPrime Infrastructure Acquisition Corporation (APMI/W)

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  • Industry Announcement

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AxonPrime Infrastructure Acquisition Corporation (APMI/W) has announced it will redeem its public shares and will not consummate an initial business combination. As of the close of business on August 17, 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: AxonPrime Infrastructure Acquisition Corporation Class A Common Stock
CUSIP#: 05467C108
Symbol: APMI
Last Trading Date: August 17, 2023
Marketplace Effective Date for Suspension: August 18, 2023
Redemption rate: Approximately $10.34 per Class A Common Stock
Company Name & Issue Type: AxonPrime Infrastructure Acquisition Corporation Warrant
CUSIP#: 05467C116
Symbol: APMIW
Last Trading Date: August 17, 2023
Marketplace Effective Date for Suspension: August 18, 2023
Redemption rate: There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.

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