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TG Venture Acquisition Corp. - $TGVC STOCK NEWS

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

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Rhea-AI Summary
TG Venture Acquisition Corp. (TGVC) reschedules its Special Meeting of stockholders, increasing the estimated redemption price per share to $11.20. Stockholders can still access the meeting virtually on March 1, 2024, and vote on the Business Combination Proposal and Charter Limitation Amendment Proposal. Participants can withdraw their redemption requests before February 28, 2024. TGVC's common stock closing price on February 20, 2024, was $10.79.
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Rhea-AI Sentiment
End-of-Day
5.65%
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Rhea-AI Summary
TG Venture Acquisition Corp. announced the rescheduled date and time for its special meeting of stockholders, as well as the estimated redemption price per share. The record date for the meeting remains January 4, 2024, and stockholders can still vote, even if they have sold their shares. The deadline for stockholders to submit their public shares for redemption is now February 20, 2024, and they can withdraw their redemption requests before the rescheduled meeting. TGVC has also provided information about participants in the solicitation of proxies and emphasized that this communication does not constitute an offer to sell or buy any securities.
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Rhea-AI Sentiment
End-of-Day
12.21%
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Rhea-AI Summary
TG Venture Acquisition Corp. (TGVC) has received approval from its stockholders to amend its Amended and Restated Certificate of Incorporation and Investment Management Trust Agreement. The amendments include extending the deadline for consummating a business combination from November 5, 2023, to May 5, 2024, and extending the date for liquidating the trust account from November 5, 2023, to May 5, 2024. In connection with the vote, shareholders exercised their right to redeem 467,026 shares of TGVC's common stock, resulting in approximately $5.16 million in redemptions. After the redemptions, approximately $9.59 million will remain in the trust account, and 3,815,319 shares of common stock will remain issued and outstanding.
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Rhea-AI Sentiment
End-of-Day
1.69%
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Rhea-AI Summary
TG Venture Acquisition Corp. announces change of date and time for its special meeting
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Rhea-AI Sentiment
End-of-Day
0.92%
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Rhea-AI Summary
TG Venture Acquisition Corp. (NASDAQ:TGVC) has announced the postponement of its special meeting of stockholders from October 27 to November 1. The estimated redemption price per share is expected to be approximately $10.57, a decrease from the originally reported $10.97. Stockholders who have previously voted do not need to take any action.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
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Rhea-AI Sentiment
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Rhea-AI Sentiment
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1.75%
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TG Venture Acquisition Corp.

Nasdaq:TGVC

TGVC Rankings

TGVC Stock Data

40.62M
926.05k
33.39%
66.59%
0.14%
Shell Companies
Financial Services
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United States
San Francisco