other material
confidence high
sentiment neutral
materiality 0.60
HSAC2 receives redemption requests for 1.6M shares ahead of Jan 24 merger vote
Orchestra BioMed Holdings, Inc.
- As of Jan 23, 2023, 1,597,888 ordinary shares tendered for redemption by shareholders.
- Extraordinary general meeting scheduled for Jan 24, 2023 to vote on business combination with Orchestra BioMed.
- Redemption requests relate to pro rata portion of trust account from HSAC2's IPO; exact trust value not disclosed.
- Shareholders may still redeem shares up to the vote; final redemption count may change.