Streetbeat News

BLNG

Belong Acquisition Corp

Open

10.25

Mkt cap

87M

Volume

100

High

10.25

P/E Ratio

128.13

52-wk high

10.69

Low

10.25

Div yield

N/A

52-wk low

9.81

Belong Acquisition Corp. (NASDAQ:BLNG) has announced the redemption price for its outstanding Class A common stock shares at approximately $10.23 per share. The company will redeem all of its public shares as it will not be able to complete an initial business combination within the required time period. The redemption process is expected to be completed within ten business days after July 27, 2023. The company's sponsor has agreed to waive its redemption rights for its Class B common stock issued prior to the IPO. The company's securities are expected to be delisted from the Nasdaq Stock Market.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:21 pm

Belong Acquisition has announced that it will redeem public shares. The company's ticker symbol is BLNG.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 8:01 pm

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