Williams Rowland Acquisition Corp. Announces Liquidation Price
February 28 2024 - 7:38PM
Williams Rowland Acquisition Corp. (NYSE American: WRAC) (the
“Company”), a publicly-traded special purpose acquisition company,
today announced that the liquidation price holders of its public
shares will receive in connection with the Company’s
previously-announced planned liquidation. Holders of shares of
common stock initially sold in the Company’s initial public
offering will receive $10.51833316 (the “Liquidation Payment”) for
each public share owned as of March 8, 2024.
As previously announced, the last day that the
Company’s securities will trade on the NYSE American will be
February 29, 2024. As of March 8, 2024, the public shares will be
deemed cancelled and will represent only the right to receive the
Redemption Amount.
The Company expects that the NYSE American will
file a Form 25 with the United States Securities and Exchange
Commission (the “Commission”) to delist its securities. The Company
thereafter expects to file a Form 15 with the Commission to
terminate the registration of its securities under the Securities
Exchange Act of 1934, as amended.
About Williams Rowland Acquisition
Corp.
Williams Rowland Acquisition Corp. is a blank
check company, also commonly referred to as a special purpose
acquisition company, or SPAC, formed for the purpose of effecting a
merger, share exchange, asset acquisition, share purchase,
reorganization or similar business combination with one or more
businesses or entities.
Forward-Looking Statements
This press release may include, and oral
statements made from time to time by representatives of the Company
may include, “forward-looking statements” within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Statements
other than statements of historical fact included in this press
release are forward-looking statements. When used in this press
release, words such as “anticipate,” “believe,” “continue,”
“could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,”
“possible,” “potential,” “predict,” “project,” “should,” “would”
and similar expressions, as they relate to the Company or its
management team, identify forward-looking statements. Such
forward-looking statements are based on the beliefs of management,
as well as assumptions made by, and information currently available
to, the Company’s management. Actual results could differ
materially from those contemplated by the forward-looking
statements as a result of certain factors detailed in the Company’s
filings with the Commission. All subsequent written or oral
forward-looking statements attributable to the Company or persons
acting on its behalf are qualified in their entirety by this
paragraph. The Company undertakes no obligation to update these
statements for revisions or changes after the date of this release,
except as required by law.
Contact Information:
Williams Rowland Acquisition Corp. David B.
Williams Chief Executive Officers 203-353-7600
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