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Semper Paratus Acquisition Corporation - $LGSTU STOCK NEWS

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

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Rhea-AI Summary
Tevogen Bio Holdings Inc. completes a business combination with Semper Paratus Acquisition Corporation, leading to its listing on Nasdaq under ticker symbols TVGN and TVGNW. The listing is expected to provide increased access to capital for the development of genetically unmodified off-the-shelf T cell therapy products for various medical fields.
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Semper Paratus Acquisition Corporation (Nasdaq: LGST) has received shareholder approval for the proposed business combination with Tevogen Bio Inc. The Business Combination is expected to be consummated soon, with the common stock of the combined company trading on Nasdaq under the symbol 'TVGN'. Shareholders exercised their right to redeem their shares, with approximately $15.9 million expected to be removed from the Trust Account to pay such holders.
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Semper Paratus Acquisition Corporation, a special purpose acquisition company, has filed a Prospectus Supplement for its upcoming extraordinary general meeting to consider the Business Combination with Tevogen Bio Inc, which includes de-registering from the Cayman Islands and redomesticating to the State of Delaware. The parties have also agreed to seek listing the New Tevogen common stock and public warrants on a tier of The Nasdaq Stock Market instead of the NYSE American.
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Tevogen Bio Inc (Tevogen Bio) and Semper Paratus Acquisition Corporation (Nasdaq: LGST, LGSTW) have announced a proposed business combination with an expected pro forma equity value of $1.2 billion. The transaction will result in the post-closing combined company being renamed Tevogen Bio Holdings Inc. The Business Combination is expected to close shortly after the Special Meeting, subject to shareholder approvals and customary closing conditions.
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Semper Paratus Acquisition Corporation (Nasdaq: LGST) regains compliance with Nasdaq Listing Rule 5450(b)(2)(A) by maintaining a Market Value of Listed Securities (MVLS) of $50,000,000 for ten consecutive business days.
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Semper Paratus Acquisition Corporation files registration statement for proposed business combination with Tevogen Bio Inc.
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Semper Paratus Acquisition Corporation

Nasdaq:LGSTU

LGSTU Rankings

LGSTU Stock Data

6.05M
4.18%
Shell Companies
Financial Services
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United States
New York