Bilander Acquisition Corp. Announces Redemption of Class A Common Stock
Net of taxes and dissolution expenses, the per-share redemption price for the Class A Common Stock is expected to be approximately $10.25 (the “Redemption Amount”).
- Net of taxes and dissolution expenses, the per-share redemption price for the Class A Common Stock is expected to be approximately $10.25 (the “Redemption Amount”).
- As of July 26, 2023, the Class A Common Stock will be deemed cancelled and will represent only the right to receive the Redemption Amount.
- The Company’s initial stockholders waived their redemption rights with respect to the outstanding Class B common stock issued prior to the Company’s initial public offering.
- The redemption of the Class A Common Stock is expected to be completed within ten business days after July 20, 2023.