LatAm Logistic Properties S.A. And two Announce Public Filing Of Registration Statement On Form F-4 In Connection With Proposed Business Combination
Portfolio Pulse from Benzinga Newsdesk
TWOA and LatAm Logistic Properties announced the public filing of a registration statement on Form F-4 with the SEC, in connection with their proposed business combination. The transaction, which was agreed upon on August 15, 2023, will result in LLP becoming a publicly traded company with shares listed on the NYSE under the ticker 'LLP'. The deal is expected to close in Q1 2024, subject to SEC approval, regulatory and shareholder approvals, and other closing conditions.
December 12, 2023 | 1:04 pm
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TWOA, a SPAC, has filed a registration statement for a business combination with LatAm Logistic Properties. Upon completion, shares will be exchanged for Pubco's, and the new entity will trade under 'LLP'.
The announcement of the filing of Form F-4 is a positive step towards the completion of the business combination, which can be seen as a positive development for TWOA. It brings the company closer to adding a tangible asset to its portfolio, which is typically well-received by the market. However, the impact is not guaranteed as the transaction is subject to approvals and conditions.
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