Streetbeat News

BRD

Beard Energy Transition Acquisition Corp

Open

10.73

Mkt cap

138M

Volume

1.5K

High

10.73

P/E Ratio

37.00

52-wk high

11.25

Low

10.73

Div yield

N/A

52-wk low

10.12

Beard Energy Transition Acquisition Corp. (BRD) and Suntuity Renewables have mutually agreed to terminate their business combination agreement. Consequently, BRD will not proceed with the special meeting to extend the deadline for a business combination and intends to dissolve and liquidate. BRD will redeem all outstanding Class A common stock at approximately $10.74 per share, with the last trading day on December 11, 2023. BRD's warrants will expire worthless, and the company will cease operations after December 12, 2023, except for winding up its business. BRD will also delist from the NYSE and terminate the registration of its securities.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 1:14 pm

Residential solar provider Suntuity Renewables is set to become a public company through a business combination with Beard Energy Transition Acquisition Corp (NYSE: BRD). The combined company will be named Suntuity Inc. and its Class A common stock and warrants are expected to be listed on the NYSE under the new ticker symbols 'STY' and 'STY.WS'.

Portfolio Pulse from Happy Mohamed

May 19, 2023 | 12:31 pm

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