EdtechX Holdings Acquisition Corp. II Shares Resume Trade
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London, England, Aug. 30, 2023 (GLOBE NEWSWIRE) -- As previously disclosed, EdtechX Holdings Acquisition Corp. II ("EdtechX" or the "Company") has commenced the process of liquidating the Company's trust account established in connection with its initial public offering and redeeming the Company's Class A ordinary shares issued in such offering ("Public Shares"), in accordance with the Company's amended and restated certificate of incorporation ("Charter"). In accordance with the Charter, all outstanding Public Shares will be redeemed at a per share redemption price of approximately $10.34 per Public Share. The Company commenced the liquidation of its trust account on August 15, 2023 and
LONDON, England, March 10, 2023 (GLOBE NEWSWIRE) -- EdtechX Holdings Acquisition Corp. II (NASDAQ:EDTX) ("EdtechX" or the "Company"), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, announced that on March 8, 2023, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market ("NASDAQ") advising the Company that the Company does not comply with NASDAQ's Listing Rule 5250(c)(1) for continued listing because NASDAQ has not received the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended De
- zSpace Facilitates Immersive, Innovative Learning Experiences for Over One Million Students Annually - Currently Serves the Top Ten Largest U.S. School Districts; Positioned for Further International Expansion - Business Combination Implies a Pro Forma Enterprise Value of $195 Million, with up to $117 Million in Cash from the EdtechX II Trust Account to Fund Growth - $25 Million in Anchor Private Placement Financing, Led by Key Existing Securityholders of zSpace (bSpace Investments Limited and Kuwait Investment Authority) - zSpace Management, Employees, and Current Stockholders Will Roll 100% of Their Existing Equity Holdings into Equity of the Combined Company LONDON and SAN JOSE
- zSpace Facilitates Immersive, Innovative Learning Experiences for Over One Million Students Annually - Currently Serves the Top Ten Largest U.S. School Districts; Positioned for Further International Expansion - Business Combination Implies a Pro Forma Enterprise Value of $195 Million, with up to $117 Million in Cash from the EdtechX II Trust Account to Fund Growth - $25 Million in Anchor Private Placement Financing, Led by Key Existing Securityholders of zSpace (bSpace Investments Limited and Kuwait Investment Authority) - zSpace Management, Employees, and Current Stockholders Will Roll 100% of Their Existing Equity Holdings into Equity of the Combined Company LONDON and SAN JOSE