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KnightSwan Acquisition Corporation - $KNSW STOCK NEWS

Welcome to our dedicated page for KnightSwan Acquisition Corporation news (Ticker: $KNSW), a resource for investors and traders seeking the latest updates and insights on KnightSwan Acquisition Corporation stock.

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 KnightSwan Acquisition Corporation'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 KnightSwan Acquisition Corporation's position in the market.

Rhea-AI Summary
KnightSwan Acquisition Corporation (KNSW) has announced that it will redeem all of its outstanding shares of Class A common stock because it will not consummate an initial business combination within the required time period. The previously disclosed non-binding letter of intent has been terminated. If the business combination is not completed by December 5, 2023, the company will cease operations, redeem 100% of the public shares, and dissolve and liquidate. The per-share redemption price for the public shares will be approximately $10.61. The company's securities will cease trading on the NYSE on December 5, 2023, and the public shares will be deemed cancelled after December 6, 2023, with no redemption rights or liquidating distributions for the warrants.
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KnightSwan Acquisition Corporation

NYSE:KNSW

KNSW Rankings

KNSW Stock Data

110.18M
4.04M
84.11%
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Financial Services
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United States
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