Vision Sensing Acquisition Corp. Announces Securities Suspension Date Of October 25, 2024; The Per-Share Redemption Price For The Class A Common Stock Of The Company Was ~$11.84
Portfolio Pulse from Benzinga Newsdesk
Vision Sensing Acquisition Corp. (VSAC) will have its securities suspended from trading on Nasdaq after October 25, 2024. Shareholders will receive a redemption price of approximately $11.84 per share on October 30, 2024.
October 24, 2024 | 8:38 pm
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Vision Sensing Acquisition Corp. will be suspended from Nasdaq trading on October 25, 2024, with a redemption price of $11.84 per share to be paid on October 30, 2024.
The suspension of VSAC from Nasdaq indicates a significant change in its trading status, likely leading to a decrease in stock price as investors react to the news. The redemption price provides a floor for the stock value, but the suspension itself is a negative signal.
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