PSTH - Pershing Square Tontine to redeem shares and will not enter business combination

• Pershing Square Tontine ( NYSE: PSTH ) will redeem all of its outstanding shares , effective as of July 26, 2022, because the company will not consummate an initial business combination within the time period required.
• Company currently expects the per-share redemption price for the public shares will be ~$20.05.
• The redemption amount will be paid on July 26, 2022.
• Contributor comments: ' a wind-up of PSTH now looks like the most likely scenario .'

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