Post Holdings Partnering Corporation Announces Approximate Redemption Amount For Its Public Shares; The Redemption Amount Is Expected To Be ~$10.24
Portfolio Pulse from Happy Mohamed
Post Holdings Partnering Corporation (NYSE:PSPC) announced the redemption of all outstanding Series A common stock at approximately $10.24 per share, effective May 30, 2023. The last trading day for the Public Shares is expected to be May 26, 2023. The company will cease operations after May 28, 2023, and its securities will be delisted.
May 24, 2023 | 8:39 pm
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Post Holdings Partnering Corporation (PSPC) will redeem all outstanding Series A common stock at approximately $10.24 per share, effective May 30, 2023. The company will cease operations after May 28, 2023, and its securities will be delisted.
The announcement of the redemption of all outstanding Series A common stock and the subsequent delisting of the company's securities will have a negative short-term impact on PSPC's stock price. The company will cease operations after May 28, 2023, which will also negatively affect the stock price.
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