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Monday, November 11, 2024

Equity Corporate Actions Alert #2024 - 545
Information Regarding the Redemption of Blockchain Coinvestors Acquisition Corp. I (BCSA/W/U)

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  • Industry Announcement

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Blockchain Coinvestors Acquisition Corp. I (BCSA/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 November 12, 2024 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: Blockchain Coinvestors Acquisition Corp. I Class A Ordinary Share
CUSIP#: G11765107
Symbol: BCSA
Last Trading Date: November, 12, 2024
Marketplace Effective Date for Suspension: November, 13, 2024
Redemption rate: $11.33 per Class A Ordinary Share
Company Name & Issue Type: Blockchain Coinvestors Acquisition Corp. I Warrant
CUSIP#: G11765115
Symbol: BCSAW
Last Trading Date: November, 12, 2024
Marketplace Effective Date for Suspension: November, 13, 2024
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: Blockchain Coinvestors Acquisition Corp. I Unit
CUSIP#: G11765123
Symbol: BCSAU
Last Trading Date: November, 12, 2024
Marketplace Effective Date for Suspension: November, 13, 2024
Redemption rate: $11.33 per Class A Ordinary Share

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