United States Army Acquisition Corps

SuRo Capital Corp. Reports Second Quarter 2023 Financial Results

Retrieved on: 
Mercoledì, Agosto 9, 2023
SPAC, United States Army Acquisition Corps, Investment, Share repurchase, SSSS, Treasury, Wolf–Rayet star, TM Capital Corp., Net asset value, Cryptocurrency, Security (finance)

NEW YORK, Aug. 09, 2023 (GLOBE NEWSWIRE) -- SuRo Capital Corp. (“SuRo Capital”, the “Company”, “we”, “us”, and “our”) (Nasdaq: SSSS) today announced its financial results for the quarter ended June 30, 2023. Net assets totaled approximately $186.7 million, or $7.35 per share, at June 30, 2023 as compared to $7.59 per share at March 31, 2023 and $9.24 per share at June 30, 2022.

Key Points: 
  • Net Asset Value of $7.35 Per Share as of June 30, 2023
    NEW YORK, Aug. 09, 2023 (GLOBE NEWSWIRE) -- SuRo Capital Corp. (“SuRo Capital”, the “Company”, “we”, “us”, and “our”) (Nasdaq: SSSS ) today announced its financial results for the quarter ended June 30, 2023.
  • "The last four months have been amongst the most active periods SuRo Capital has experienced in the last couple of years.
  • Accordingly, as announced in the first quarter and executed during the second quarter, we completed our recent Modified Dutch Auction Tender Offer, which we believe was an efficient and accretive deployment of capital.
  • As of today, SuRo Capital has approximately $21.4 million available under its Share Repurchase Program.

Altitude Acquisition Corp. Announces Extension of Deadline to Complete Initial Business Combination

Retrieved on: 
Giovedì, Agosto 3, 2023
Altitude, United States Army Acquisition Corps, Sponsor, ALTU, Combination, Charter

ATLANTA, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Altitude Acquisition Corp. (Nasdaq: ALTUU, ALTU, ALTUW) (“Altitude”), announced today that its board of directors (the “Board”), upon request by Altitude’s sponsor, Altitude Acquisition Holdco LLC (the “Sponsor”), has extended the date by which Altitude must consummate an initial business combination (the “Deadline Date”) for an additional month, from August 11, 2023 to September 11, 2023.

Key Points: 
  • ATLANTA, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Altitude Acquisition Corp. (Nasdaq: ALTUU, ALTU, ALTUW) (“Altitude”), announced today that its board of directors (the “Board”), upon request by Altitude’s sponsor, Altitude Acquisition Holdco LLC (the “Sponsor”), has extended the date by which Altitude must consummate an initial business combination (the “Deadline Date”) for an additional month, from August 11, 2023 to September 11, 2023.
  • On August 1, 2023, pursuant to the Charter and upon request from the Sponsor, the Board determined to implement a fourth Extension.
  • As previously announced, on April 23, 2023, Altitude entered into a business combination agreement (the “Business Combination Agreement”) with Picard Medical, Inc. (“Picard”) and the other parties thereto, which provides for a business combination between Altitude and Picard.
  • The purpose of this monthly Extension is to provide Altitude with additional time to consummate the proposed business combination with Picard.

Coliseum Acquisition Corp. Announces Second Extension of Deadline to Complete Initial Business Combination

Retrieved on: 
Giovedì, Luglio 27, 2023
Other Professional Services, Professional Services, Finance, United States Army Acquisition Corps, MITA, Security (finance), Colosseum

Coliseum Acquisition Corp. (NASDAQ: MITAU, MITA, MITAW) (“Coliseum” or the “Company”), announced today that on July 25, 2023 its board of directors (the “Board”) decided to extend the date by which the Company must consummate an initial business combination (the “Deadline Date”) from July 25, 2023 for an additional month, to August 25, 2023.

Key Points: 
  • Coliseum Acquisition Corp. (NASDAQ: MITAU, MITA, MITAW) (“Coliseum” or the “Company”), announced today that on July 25, 2023 its board of directors (the “Board”) decided to extend the date by which the Company must consummate an initial business combination (the “Deadline Date”) from July 25, 2023 for an additional month, to August 25, 2023.
  • This is the second of twelve potential one-month extensions of the Deadline Date available to the Company pursuant to its Amended and Restated Memorandum and Articles of Association.
  • Coliseum further announced that Berto LLC, an affiliate of Harry L. You, deposited $100,000 into Coliseum’s trust account in connection with this extension.

Ocean Tomo, a part of J.S. Held Serves as Financial Advisor to AltC Acquisition Corp. in Advanced Nuclear Oklo Transaction

Retrieved on: 
Martedì, Luglio 25, 2023
United States Army Acquisition Corps, Morgan, Lewis & Bockius, Fairness opinion, Economics, Acquisition, Ocean Tomo, Oklo

CHICAGO, July 25, 2023 /PRNewswire-PRWeb/ -- Ocean Tomo, a part of J.S. Held, acted as financial and technical advisor to AltC Acquisition Corp., a special purpose acquisition company co-founded by Sam Altman and Churchill Capital, in its acquisition of Oklo, Inc., an advanced fission technology and nuclear fuel recycling company.

Key Points: 
  • Held, served as financial advisor to AltC Acquisition Corp., supporting the acquisition of Oklo at a pre-money valuation of approximately $850M.
  • Held, acted as financial and technical advisor to AltC Acquisition Corp., a special purpose acquisition company co-founded by Sam Altman and Churchill Capital, in its acquisition of Oklo, Inc., an advanced fission technology and nuclear fuel recycling company.
  • As financial and technical advisors, we performed a detailed assessment of Oklo's nuclear reactor technology, license applications, and regulatory approvals.
  • We also conducted a benchmark analysis of Oklo compared to other advanced nuclear and alternative energy technologies and market participants.

TortoiseEcofin Acquisition Corp. III Announces Letter of Intent for a Business Combination with an Industrial Renewable Power Solutions Company

Retrieved on: 
Giovedì, Luglio 20, 2023
Other Energy, Environment, Utilities, Alternative Energy, Green Technology, Energy, United States Army Acquisition Corps, Business analyst, LOI, Acquisition, Letter, NYSE, Renewable energy, Target

TortoiseEcofin Acquisition Corp. III (the “Company”) (NYSE: TRTL), a publicly traded special purpose acquisition company focused on the broad energy transition or sustainability arena targeting industries that require innovative solutions to decarbonize, today announced that it has executed a new non-binding letter of intent (“LOI”) for a proposed business combination (the “Business Combination”) with an industrial renewable power solutions company (the “Target”) that would result in a public listing of the Target upon completion of the proposed Business Combination.

Key Points: 
  • TortoiseEcofin Acquisition Corp. III (the “Company”) (NYSE: TRTL), a publicly traded special purpose acquisition company focused on the broad energy transition or sustainability arena targeting industries that require innovative solutions to decarbonize, today announced that it has executed a new non-binding letter of intent (“LOI”) for a proposed business combination (the “Business Combination”) with an industrial renewable power solutions company (the “Target”) that would result in a public listing of the Target upon completion of the proposed Business Combination.
  • “In assessing potential business combination targets, we have focused on companies that are developing specific solutions to current, real-world problems.
  • We are excited by the potential transaction identified with this pioneering industrial renewable power solutions company.
  • Financial Group, LLC, will be serving as the exclusive financial advisor and the lead capital markets advisor for the transaction.

Bilander Acquisition Corp. Announces Redemption of Class A Common Stock

Retrieved on: 
Mercoledì, Luglio 19, 2023
Other Professional Services, Professional Services, Finance, Transfer, Common stock, United States Army Acquisition Corps, Tax, Trust, Bangladesh Securities and Exchange Commission, Accounting, Wind, Interest on Lawyer Trust Accounts, AST, Common, Security (finance)

Net of taxes and dissolution expenses, the per-share redemption price for the Class A Common Stock is expected to be approximately $10.25 (the “Redemption Amount”).

Key Points: 
  • Net of taxes and dissolution expenses, the per-share redemption price for the Class A Common Stock is expected to be approximately $10.25 (the “Redemption Amount”).
  • As of July 26, 2023, the Class A Common Stock will be deemed cancelled and will represent only the right to receive the Redemption Amount.
  • The Company’s initial stockholders waived their redemption rights with respect to the outstanding Class B common stock issued prior to the Company’s initial public offering.
  • The redemption of the Class A Common Stock is expected to be completed within ten business days after July 20, 2023.

Colombier Acquisition Corp. Announces Stockholder Approval of the Proposed Business Combination with Patriotic Marketplace PublicSq.

Retrieved on: 
Mercoledì, Luglio 19, 2023
Professional Services, Online Retail, Retail, Business, Apps, Applications, Technology, Electronic Commerce, United States Army Acquisition Corps, Acquisition, NYSE, Business analyst, Security (finance), Colombier

Colombier Acquisition Corp. (NYSE: CLBR) (“Colombier”), a publicly traded special purpose acquisition company, announced that at the special meeting of Colombier stockholders (the “Special Meeting”) held today, Colombier’s stockholders voted in favor of the proposed business combination (the “Business Combination”) and the related proposals with PSQ Holdings, Inc. (“PublicSq.”), a leading marketplace of patriotic businesses and consumers.

Key Points: 
  • Colombier Acquisition Corp. (NYSE: CLBR) (“Colombier”), a publicly traded special purpose acquisition company, announced that at the special meeting of Colombier stockholders (the “Special Meeting”) held today, Colombier’s stockholders voted in favor of the proposed business combination (the “Business Combination”) and the related proposals with PSQ Holdings, Inc. (“PublicSq.”), a leading marketplace of patriotic businesses and consumers.
  • The period for holders of Colombier public shares to request redemptions is closed; further, Colombier is not accepting any requests to “reverse” or withdraw previously tendered redemption requests, effective immediately.
  • The completion of the Business Combination is expected to occur as soon as practicable, subject to the satisfaction or waiver of remaining customary closing conditions.
  • Following the closing of the Business Combination, the combined company will be renamed “PSQ Holdings, Inc.” and its common stock and warrants will trade on the New York Stock Exchange under the symbols “PSQH” and “PSQH WS,” respectively.

Colombier Acquisition Corp. Announces Requests to Redeem Public Shares

Retrieved on: 
Martedì, Luglio 18, 2023
Professional Services, Online Retail, Retail, Business, Apps, Applications, Technology, Electronic Commerce, United States Army Acquisition Corps, Redemption, Telephone, Internet, Acquisition, Special, NYSE, Bank, Colombier

Colombier Acquisition Corp. (NYSE: CLBR) (“Colombier”), a publicly traded special purpose acquisition company, today announced that, as of 5:00 pm Eastern Time on July 17, 2023 (the “Redemption Deadline”), Colombier has received requests to redeem a total of 14,286,259 Colombier public shares, representing 83% of the total public shares of Colombier outstanding prior to the Redemption Deadline.

Key Points: 
  • Colombier Acquisition Corp. (NYSE: CLBR) (“Colombier”), a publicly traded special purpose acquisition company, today announced that, as of 5:00 pm Eastern Time on July 17, 2023 (the “Redemption Deadline”), Colombier has received requests to redeem a total of 14,286,259 Colombier public shares, representing 83% of the total public shares of Colombier outstanding prior to the Redemption Deadline.
  • If all of the redemption requests received by Colombier as of the Redemption Deadline are satisfied by Colombier, 2,963,741 public shares of Colombier would be outstanding.
  • Colombier stockholders whose shares are held of record by a broker, bank, or other nominee should contact their broker, bank, or nominee to ensure that their shares are voted.
  • Your vote “FOR” all proposals is important, no matter how many or how few shares you own.

WinVest Acquisition Corp. Announces Extension of Termination Date and Additional Contribution to Trust Account to Extend Termination Date

Retrieved on: 
Venerdì, Luglio 14, 2023
United States Army Acquisition Corps, Acquisition, WINV, Sponsor, Finance Secretary (India), Security (finance)

The purpose of the extension is to provide additional time for the Company to complete an initial business combination.

Key Points: 
  • The purpose of the extension is to provide additional time for the Company to complete an initial business combination.
  • The promissory note bears no interest and is convertible at the option of the Sponsor upon the consummation of an initial business combination into private warrants to purchase shares of the Company’s common stock at a conversion price of $0.50 per private warrant.
  • Such private warrants will be identical to the private placement warrants issued to the Sponsor at the time of the Company’s initial public offering.
  • The Board may elect to further extend the Termination Date on a monthly basis until December 17, 2023, upon the deposit of an additional $65,000 into the trust account per monthly extension.

Hawks Acquisition Corp Announces Redemption Amount and Postponement of Redemption Date

Retrieved on: 
Giovedì, Luglio 13, 2023
Professional Services, Finance, Transfer, Common stock, Certificate, Class, Commission, Hawk, United States Army Acquisition Corps, Certificate of incorporation, Common, Wind, Bangladesh Securities and Exchange Commission, Acquisition, NYSE, Security (finance)

Hawks Acquisition Corp (NYSE: HWKZ) (“Hawks” or the “Company”), a publicly-traded special purpose acquisition company, today announced that the per-share redemption price for the Company’s public shares (as defined below) will be approximately $10.30 (the “Redemption Amount”).

Key Points: 
  • Hawks Acquisition Corp (NYSE: HWKZ) (“Hawks” or the “Company”), a publicly-traded special purpose acquisition company, today announced that the per-share redemption price for the Company’s public shares (as defined below) will be approximately $10.30 (the “Redemption Amount”).
  • Furthermore, the Company announced that the date of the redemption of the public shares (as described below) will be July 14, 2023.
  • As of July 14, 2023, the public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount.
  • There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.