Welcome to our dedicated page for Empowerment & Inclusion Capita news (Ticker: EPWR), a resource for investors and traders seeking the latest updates and insights on Empowerment & Inclusion Capita stock.
Empowerment & Inclusion Capital I Corp (EPWR), a special-purpose acquisition company targeting diverse-led businesses and inclusive economy initiatives, provides investors with centralized access to official announcements and strategic updates. This resource serves as the definitive source for tracking the SPAC's progress in identifying merger targets that align with its dual focus on financial returns and social impact.
Discover timely updates including acquisition targets, partnership developments, and leadership announcements. All content is curated to help stakeholders monitor both the financial mechanics of this PNC/Jefferies-sponsored SPAC and its progress in advancing inclusive business practices. The page features verified press releases covering:
• Merger & acquisition announcements
• Strategic partnership developments
• Leadership team updates
• Investor communications
• Regulatory filings
Bookmark this page for direct access to primary source materials about EPWR's unique position at the intersection of financial innovation and corporate diversity. Check regularly for updates on how the company executes its mission through targeted acquisitions in evolving markets.
The Federal Home Loan Bank of Chicago (FHLBank Chicago) has announced the results of its 2024 Director Election. Members elected five directors to serve four-year terms beginning January 1, 2025:
1. Dean A. Ahlers from Illinois, President and CEO of Sterling Federal Bank
2. Michelle L. Gross (re-elected) from Illinois, Executive Vice President/COO of State Bank of Bement
3. Joseph Fazio III (re-elected) from Wisconsin, Chairman of Bristol Morgan Bank
4. John W. Pietrowicz as independent director, former CFO of CME Group
5. Andrea L. Zopp (re-elected) as public interest independent director, Managing Partner at Cleveland Avenue
The elected directors bring diverse experience in banking, finance, and community leadership to the FHLBank Chicago board.
Empowerment & Inclusion Capital I Corp. (NYSE: EPWR) announced plans to dissolve and liquidate due to its inability to complete a business combination by the deadline outlined in its Amended Charter. All Class A common stock will be redeemed at approximately $10.09 per share before December 31, 2022. The shares will be canceled as of December 14, 2022, leading to the termination of trading on December 13, 2022. The Company sponsor has waived redemption rights for Class B common stock, and warrants will expire worthless. A filing to delist securities from the NYSE is imminent.
One River Digital Asset Management announced the addition of Courtney Simmons Elwood and Harold Ford, Jr. to its Academic and Regulatory Advisory Council. This strategic move aims to enhance the firm's expertise in navigating the complexities of digital assets and financial markets. Elwood, former General Counsel of the CIA, brings a wealth of experience in national security and regulatory affairs. Ford, a former Congressman and current CEO of Empowerment & Inclusion Capital Corporation (NYSE: EPWR), focuses on economic inclusion. Both members will help One River address the evolving digital financial landscape.
Empowerment & Inclusion Capital I Corp. has announced that holders of its IPO units may begin separate trading of Class A common stock and warrants starting March 1, 2021. The units, totaling 27,600,000 offered on January 12, 2021, will continue trading under the symbol 'EPWR.U'. Class A shares will trade under 'EPWR' and warrants under 'EPWR.WS'. The Company aims to acquire diverse-led businesses focused on promoting inclusivity. This announcement follows the effectiveness of registration statements on January 7, 2021.
Empowerment & Inclusion Capital I Corp. has initiated its IPO, offering 20,000,000 units at $10.00 each. Each unit comprises one share of Class A common stock and one-half of a redeemable warrant, with whole warrants allowing purchase at $11.50. The Company plans to list the units on NYSE under the symbol 'EPWR.U'. Underwriters have a 45-day option for an additional 3,000,000 units. The firm aims to acquire businesses that promote inclusivity. The registration statement is pending effectiveness, and the offering is contingent on various conditions.
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