Reported Late Thursday March 16, Northern Genesis Acquisition Corp. III Announces Redemption Of Public Shares And Subsequent Dissolution; Redemption Price For The Public Shares Will Be ~$10.15
Reported Late Thursday March 16, Northern Genesis Acquisition Corp. III Announces Redemption Of Public Shares And Subsequent Dissolution; Redemption Price For The Public Shares Will Be ~$10.15
Northern Genesis Acquisition Corp. III (the "Company") (NYSE:NGC) today announced that it will redeem all of its outstanding shares of common stock that were included in the units issued in its initial public offering (the "public shares"), effective as of the close of business on March 27, 2023, as the Company will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation (the "Charter").
Northern Genesis Acquisition Corp.III(“該公司”)(紐約證券交易所股票代碼：NGC)今天宣佈，由於公司不會在其修訂和重新發布的公司註冊證書(“章程”)所要求的時間內完成初始業務合併，自2023年3月27日交易結束時起，該公司將贖回其首次公開募股發行的單位中包括的所有已發行普通股(“公開股份”)。
Pursuant to its Charter, if the Company does not complete its initial business combination by March 26, 2023, then the Company will: (i) cease all operations except for the purpose of winding up, (ii) redeem the public shares within ten business days thereafter, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Company's trust account including interest earned on the funds held in the trust account (less permitted deductions), divided by the number of then outstanding public shares, which redemption will completely extinguish public shareholders' rights as shareholders (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) thereafter, subject to the approval of the Company's remaining shareholders and its board of directors, dissolve and liquidate, subject in each case to the Company's obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law.
根據其章程，如果本公司未能在2023年3月26日之前完成其初始業務合併，則本公司將：(I)停止除清盤目的外的所有業務；(Ii)在此後十個工作日內以每股現金價格贖回公眾股票，贖回價格相當於當時存放在公司信託賬戶中的總金額，包括信託賬戶中資金賺取的利息(減去允許的扣除)除以當時已發行的公眾股票數量，贖回將完全消除公眾股東作為股東的權利(包括獲得進一步清算分派的權利，(Iii)其後，經本公司其餘股東及其董事會批准，解散及清盤，每宗個案均須受本公司根據特拉華州法律就債權人債權作出規定的義務及其他適用法律的規定所規限。
The per-share redemption price for the public shares will be approximately $10.15.
公開發行股票的每股贖回價格將約為10.15澳元̂。
The public shares will cease trading as of the close of business on March 24, 2023. As of the close of business on March 27, 2023, the public shares will be deemed cancelled and will represent only the right to receive the redemption amount.
公開發行的股票將於2023年3月24日收盤時停止交易。截至2023年3月27日收盤，公開發行的股票將被視為註銷，並將僅代表獲得贖回金額的權利。
The redemption amount will be payable to the holders of the public shares upon delivery of their shares or units. Beneficial owners of public shares held in "street name," however, will not need to take any action in order to receive the redemption amount.
贖回金額將在公眾股票持有人的股份或單位交付時支付給他們。然而，以“街道名義”持有的公眾股票的受益者將不需要採取任何行動來獲得贖回金額。
There will be no redemption rights or liquidating distributions with respect to the Company's warrants, which will expire worthless.
本公司的認股權證將不會有贖回權或清算分派，這些認股權證到期後將一文不值。
The Company expects that the New York Stock Exchange will file a Form 25 with the United States Securities and Exchange Commission (the "Commission") to delist the Company's securities. The Company thereafter expects to file a Form 15 with the Commission to terminate the registration of its securities under the Securities Exchange Act of 1934, as amended.
本公司預期紐約證券交易所將向美國證券交易委員會(“委員會”)提交一份25號表格，要求本公司的證券退市。此後，該公司預計將根據修訂後的1934年《證券交易法》向委員會提交表格15，以終止其證券的註冊。