other material
confidence high
sentiment negative
materiality 0.95
Cascadia Acquisition Corp.: Nasdaq/NYSE listing notice — Cascadia Acquisition Corp. to liquidate, redeem public shares at ~$12.34, warrants expire worthless
Cascadia Acquisition Corp.
- Company will not consummate an initial business combination; will redeem all Public Shares effective August 31, 2023.
- Per-share redemption price expected to be approximately $12.34, paid in cash from the trust account.
- Warrants will expire worthless; sponsor and management waived redemption rights on Class B shares.
- Received Nasdaq non-compliance notice for late Q2 2023 10-Q filing; delisting to follow liquidation.
- Last trading day on Nasdaq expected to be August 31, 2023; Form 25 and Form 15 to be filed thereafter.