- H.I.G. Acquisition ( NYSE: HIGA ) has announced that its board of directors had determined to redeem all of its outstanding Class A ordinary shares, effective as of Oct. 24, 2022.
- Net of taxes and dissolution expenses, the per-share redemption price for the public shares is expected to be ~$10.04.
- The Redemption amount will be payable to the holders of the Class A shares upon presentation of their respective share or unit certificates or other delivery of their shares or units to the Co.’s transfer agent.
- There will be no redemption rights or liquidating distributions with respect to the Company’s warrants.
For further details see:
H.I.G. Acquisition announces redemption of ordinary share