Thrive Acquisition Corporation Announces it will Redeem its Public Shares and will not Consummate an Initial Business Combination
Retrieved on:
Wednesday, January 18, 2023
As of the close of business on January 25, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount.
Key Points:
- As of the close of business on January 25, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount.
- The proceeds of the trust account will be held in a non-interest bearing account while awaiting disbursement to the holders of the Public Shares.
- The redemption of the Public Shares is expected to be completed within ten business days after January 25, 2023.
- The Company anticipates that the Public Shares will cease trading as of the close of business on January 25, 2023.