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Altitude Acquisition Corp - ALTU STOCK NEWS

Welcome to our dedicated news page for Altitude Acquisition (Ticker: ALTU), a resource for investors and traders seeking the latest updates and insights on Altitude Acquisition.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Altitude Acquisition's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Altitude Acquisition's position in the market.

Rhea-AI Summary
Altitude Acquisition Corp. (ALTUU) announces redemption of Public Shares due to failure to complete a business combination within the required timeframe, resulting in delisting from Nasdaq. Shareholders to receive estimated redemption price of approximately $10.1577 per share. Proceeds to be disbursed within ten business days after March 12, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.27%
Tags
acquisition
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Rhea-AI Summary
Altitude Acquisition Corp. (ALTUU) announces redemption of Public Shares due to failure to complete a business combination within the required timeframe, resulting in delisting from Nasdaq. Shareholders to receive estimated redemption price of approximately $10.1577 per share. Proceeds to be disbursed within ten business days after March 12, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.51%
Tags
acquisition
-
Rhea-AI Summary
Altitude Acquisition Corp. (ALTUU) announces redemption of Public Shares due to failure to complete a business combination within the required timeframe, resulting in delisting from Nasdaq. Shareholders to receive estimated redemption price of approximately $10.1577 per share. Proceeds to be disbursed within ten business days after March 12, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-96.76%
Tags
acquisition
Rhea-AI Summary
Altitude Acquisition Corp. has extended the deadline for its initial business combination with Picard Medical, Inc. The deadline has been moved from February 11, 2024 to March 11, 2024, allowing the board to extend it up to three times for an additional one month each time. This extension aims to provide Altitude with more time to finalize the proposed business combination.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
acquisition
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Rhea-AI Summary
Altitude Acquisition Corp. has extended the deadline for its initial business combination with Picard Medical, Inc. The deadline has been moved from February 11, 2024 to March 11, 2024, allowing the board to extend it up to three times for an additional one month each time. This extension aims to provide Altitude with more time to finalize the proposed business combination.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
acquisition
-
Rhea-AI Summary
Altitude Acquisition Corp. has extended the deadline for its initial business combination with Picard Medical, Inc. The deadline has been moved from February 11, 2024 to March 11, 2024, allowing the board to extend it up to three times for an additional one month each time. This extension aims to provide Altitude with more time to finalize the proposed business combination.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
acquisition
Rhea-AI Summary
Altitude Acquisition Corp. (Nasdaq: ALTUU, ALTU, ALTUW) has extended the Deadline Date for its initial business combination with Picard Medical, Inc. to February 11, 2024, providing the Board with the right to extend the date up to three times. Altitude entered into a business combination agreement with Picard on April 23, 2023, and the extension aims to provide more time to finalize the proposed business combination.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
acquisition
-
Rhea-AI Summary
Altitude Acquisition Corp. (Nasdaq: ALTUU, ALTU, ALTUW) has extended the Deadline Date for its initial business combination with Picard Medical, Inc. to February 11, 2024, providing the Board with the right to extend the date up to three times. Altitude entered into a business combination agreement with Picard on April 23, 2023, and the extension aims to provide more time to finalize the proposed business combination.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
acquisition
-
Rhea-AI Summary
Altitude Acquisition Corp. (Nasdaq: ALTUU, ALTU, ALTUW) has extended the Deadline Date for its initial business combination with Picard Medical, Inc. to February 11, 2024, providing the Board with the right to extend the date up to three times. Altitude entered into a business combination agreement with Picard on April 23, 2023, and the extension aims to provide more time to finalize the proposed business combination.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
acquisition
Rhea-AI Summary
Altitude Acquisition Corp. has extended the date for its initial business combination with Picard Medical, Inc. by one month, from November 11, 2023 to December 11, 2023. This extension is the eighth one allowed by Altitude's Charter, giving the Board the right to extend the Deadline Date up to eight times for an additional one month each time. The purpose of the extension is to provide Altitude with more time to complete the proposed business combination.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
acquisition
Altitude Acquisition Corp

Nasdaq:ALTU

ALTU Rankings

ALTU Stock Data

85.77M
1.02M
88.49%
8.53%
0.06%
Surgical Appliance and Supplies Manufacturing
Manufacturing
Link
United States
Atlanta

About ALTU

altitude acquisition corp. is blank check company newly incorporated as a delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. altitude intends to focus our efforts on identifying a prospective target business with either all or a substantial portion of its activities around the globe. we intend to focus on travel, travel technology and travel-related businesses with either business-to-business (“b2b”) or business-to-consumer (“b2c”) focuses, that have compelling growth opportunities with strong underlying demand drivers which include travel-related platforms including, but not limited to, travel booking engines; revenue, payment and expense management services; travel management companies; alternative accommodation and mobile-based travel solutions. we expect that these target companies will have characteristics appropriate for publi