WebJul 12, 2024 · What happens to PSTH stock and warrants now? PSTH will cease to exist on July 26 and it the stock will be redeemed for $20.05 per share. That amount accounts for the IPO price, interest... WebJun 4, 2024 · PSTH intends to provide the holders of the currently outstanding Redeemable Warrants the option to exchange their Redeemable Warrants for shares of PSTH Class A common stock in an exchange offer that would be launched after the execution of definitive documents (the “ Warrant Exchange Offer ”).
Pershing Square Tontine Holdings Is Winding Up
WebNEW YORK, April 28, 2024--Pershing Square SPARC Holdings, Ltd. ("SPARC"), an affiliate of Pershing Square Tontine Holdings, Ltd. (NYSE:PSTH), notes the withdrawal of the New … WebAug 25, 2024 · The perils of owning warrants on special purpose acquisition companies have been illustrated by the recent price decline in the warrants issued by Bill Ackman’s … royston auto wreckers
Pershing Square Tontine Holdings, Ltd. Releases Letter to …
WebAug 21, 2024 · According to the PSTH S1 filing, the warrants are exercisable for $23.00 30 days after a merger is completed and it also has to be at least 12 months from the SPAC … WebMay 30, 2024 · Currently shares trade at $19.84 and the warrants are trading at $0.46. The shares will be money good at $20 each. The warrants could go to zero in a worst-case scenario. At the same time,... WebJun 20, 2024 · Pershing Square Tontine Holdings, Ltd. (“PSTH”) to Acquire 10% of the Ordinary Shares of Universal Music Group (“UMG”) from Vivendi S.E. for Approximately $4 billion, Representing an ... royston auction company elizabethton tn