Reported Earlier, 99 Acquisition Group To Dissolve And Liquidate, Redeeming Public Shares At $10.55 Per Share
Portfolio Pulse from Benzinga Newsdesk
99 Acquisition Group, Inc. (NASDAQ:NNAG) will dissolve and liquidate, redeeming public shares at $10.55 each, due to the inability to complete a business combination with Nava Health MD, Inc.
September 12, 2024 | 7:03 am
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99 Acquisition Group, Inc. will dissolve and liquidate, redeeming public shares at $10.55 each, following the failure to merge with Nava Health MD, Inc.
The dissolution and liquidation of 99 Acquisition Group, Inc. directly impacts its stock as it will cease to exist, leading to a definitive end to trading and a fixed redemption price for shareholders.
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