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Monday, February 13, 2023

Equity Corporate Actions Alert #2023 - 89
Information Regarding the Redemption of Carney Technology Acquisition Corp. II (CTAQ/W/U)

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  • Industry Announcement

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Carney Technology Acquisition Corp. II (CTAQ/W/U) announced it will redeem its public shares and will not consummate an initial business combination. 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: Carney Technology Acquisition Corp. II Class A Common Stock
CUSIP#: 143636108
Symbol: CTAQ
Last Trading Date: February 14, 2023
Marketplace Effective Date for Suspension: February 15, 2023
Redemption rate: Approximately $10.16 per Class A Common Stock
Company Name & Issue Type: Carney Technology Acquisition Corp. II Warrant
CUSIP#: 143636116
Symbol: CTAQW
Last Trading Date: February 14, 2023
Marketplace Effective Date for Suspension: February 15, 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: Carney Technology Acquisition Corp. II Unit
CUSIP#: 143636207
Symbol: CTAQU
Last Trading Date: February 14, 2023
Marketplace Effective Date for Suspension: February 15, 2023
Redemption rate: Approximately $10.16 per Class A Common Stock

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