AxonPrime Infrastructure Acquisition Corporation Announces plan To Liquidate
Portfolio Pulse from Happy Mohamed
AxonPrime Infrastructure Acquisition Corporation has announced its plan to liquidate after failing to consummate an initial business combination by August 17, 2023. The company's shares of Class A Common Stock, Redeemable Warrants, and units are expected to cease trading on the Nasdaq Stock Market on August 17, 2023.
August 10, 2023 | 3:42 pm
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AxonPrime Infrastructure Acquisition Corporation's plan to liquidate will likely lead to a halt in trading of its securities on the Nasdaq Stock Market.
The company's announcement of its liquidation plan indicates that it has failed to consummate an initial business combination. This will likely lead to a halt in trading of its securities on the Nasdaq Stock Market, negatively impacting the stock's short-term performance.
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