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Accretion Acquisition Corp

Open

10.55

Mkt cap

112M

Volume

822K

High

10.57

P/E Ratio

50.29

52-wk high

10.94

Low

10.54

Div yield

N/A

52-wk low

10.15

Accretion Acquisition Corp. has decided not to extend its corporate existence and will not proceed with its previously scheduled annual meeting on December 19, 2023. The company plans to redeem all outstanding shares of common stock sold in its initial public offering, effective around December 26, 2023, due to its inability to consummate an initial business combination within the required timeframe.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 6:27 am

The board of Accretion Acquisition has approved an extension of the date by which the company would be required to consummate a business combination. The new deadline is November 25, 2023, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 8:12 pm

New Era Helium and Accretion Acquisition Corp. have announced a Letter of Intent (LoI) for a proposed business combination. The details of the deal are yet to be disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 9:23 pm

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