Agile Growth Corp. (Nasdaq: AGGR) announced the upcoming redemption of its publicly held Class A ordinary shares, set to occur on March 13, 2023. The expected redemption price is approximately $10.206 per share, net of taxes and expenses. Shareholders must deliver their shares to the transfer agent, Continental Stock Transfer & Trust Company, to receive this amount. Notably, there will be no redemption rights for warrants, and the initial stockholders have waived their rights regarding Class B shares. Following March 12, 2023, the company will halt operations to wind down its business and plans to file for delisting from Nasdaq.
Agile Growth Corp. (Nasdaq: AGGR) announced the cancellation of its publicly held Class A ordinary shares as of March 13, 2023, due to its failure to complete an initial business combination within the required timeframe. Following this, the shares will only represent the right to receive a yet-to-be-determined Redemption Amount from the Company’s Trust Account. The Company plans to redeem the shares in cash and subsequently wind down operations. Trading of the Public Shares on Nasdaq will cease on March 10, 2023, and the Company will pursue delisting and termination of its securities registration.
Agile Growth Corp. (NASDAQ: AGGRU) announced that starting April 30, 2021, holders of its initial public offering units can separately trade Class A ordinary shares and warrants. The units, which totaled 31,000,000, initially closed on March 12, 2021. Those choosing not to separate will continue trading under the symbol "AGGRU," while Class A shares and warrants will trade under "AGGR" and "AGGRW," respectively. The offering was conducted by Citigroup Global Markets and Jefferies LLC, with a registration statement effective since March 9, 2021.
Agile Growth Corp. has announced the pricing of its initial public offering (IPO) of 30,000,000 units at $10.00 each, slated to trade on Nasdaq under the symbol 'AGGRU' starting March 10, 2021. Each unit consists of one Class A ordinary share and one-third of a redeemable warrant, with whole warrants allowing the purchase of one Class A share at $11.50. The IPO is expected to close on March 12, 2021, subject to standard conditions. Citigroup and Jefferies are the joint book-running managers for the offering, which includes a 45-day option for underwriters to purchase an additional 4,500,000 units.