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Thursday, December 29, 2022

Equity Corporate Actions Alert #2022 - 487
Information Regarding the Redemption of Astrea Acquisition Corp. (ASAX/W/U)

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  • Industry Announcement

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On December 23, 2022, Astrea Acquisition Corp. announced that it would redeem its public shares and not consummate an initial business combination. As of the close of business on December 29, 2022, 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: Astrea Acquisition Corp. Class A Common Stock
CUSIP#: 04637C106
Symbol: ASAX
Last Trading Date: December 29, 2022
Marketplace Effective Date for Suspension: December 30, 2022
Redemption rate: $10.08627023 per Class A Common Stock
Company Name & Issue Type: Astrea Acquisition Corp. Warrant
CUSIP#: 04637C114
Symbol: ASAXW
Last Trading Date: December 29, 2022
Marketplace Effective Date for Suspension: December 30, 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: Astrea Acquisition Corp. Unit
CUSIP#: 04637C205
Symbol: ASAXU
Last Trading Date: December 29, 2022
Marketplace Effective Date for Suspension: December 30, 2022
Redemption rate: $10.08627023 per Class A Common Stock

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