Williams Rowland Acquisition Corp. Will Redeem Its Public Shares and Liquidate
Williams Rowland Acquisition Corp. (WRAC)
Company Research
Source: GlobeNewswire
Westport, CT, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Williams Rowland Acquisition Corp. (NYSE American: WRAC) (the “Company”), a publicly-traded special purpose acquisition company, today announced that it will liquidate and dissolve the Company in accordance with the provisions of the Company’s amended and restated certificate of incorporation, as amended (the “Certificate of Incorporation”). Accordingly, the Company will redeem all outstanding shares of its common stock, par value $0.0001 sold in its initial public offering (the “public shares”) that remain outstanding, effective as of March 8, 2024. As stated in the Certificate of Incorporation, the Company had until March 29, 2024 to complete an initial business combination provided that for each one-month extension from July 29, 2023 through March 29, 2024, the Company deposited into the trust account established in connection with its initial public offering the lesser of $50,000 or $0.02 per shares sold in the IPO that remained o
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