other material
confidence high
sentiment negative
materiality 0.90
KKR Acquisition Holdings I Corp.: Nasdaq/NYSE listing notice — KKR Acquisition Holdings I Corp. to liquidate; NYSE to delist warrants
KKR Acquisition Holdings I Corp.
- Stockholder vote on elective early wind-up and dissolution set for Dec 12, 2022.
- NYSE notified company on Dec 8 that warrants will be delisted due to low trading price; company will not appeal.
- Board approved accelerated business combination deadline of Dec 14, 2022, last trading day for common stock and units.
- Mandatory redemption of Class A common stock expected on or around Dec 23, 2022, subject to stockholder approval.
- Liquidation follows announcement in proxy supplement filed Dec 7, 2022.