Chain Bridge I to redeem public shares at ~$10.80/share, liquidate by Nov 15, 2023

Chain Bridge I

Trust account balance ~$44.9M as of Oct 30, 2023; redemption price ~$10.80 per public share.
No business combination completed; company will cease operations and dissolve after Nov 15, 2023.
Warrants expire worthless; public shareholders receive cash; founders waive redemption.
SPAC evaluated over 100 companies but failed to find suitable target due to adverse market conditions and SPAC regulatory scrutiny.
Nasdaq delisting expected; company will file Form 15 to terminate SEC registration.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.