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NEW YORK, Jan. 25, 2023 /PRNewswire/ -- North Atlantic Acquisition Corporation (the "Company") (NASDAQ:NAAC), announced today that it has canceled its annual general meeting of shareholders that was previously scheduled for 4:00 PM Eastern time on January 25, 2023, and that, due to its inability to consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of Association, as amended (the "Charter"), the Board of Directors of the Company has elected to dissolve and liquidate the Company in accordance with the provisions of its Charter, and will redeem all of the outstanding ordinary shares that were included in the units issu
NEW YORK, Jan. 18, 2023 /PRNewswire/ -- North Atlantic Acquisition Corporation (the "Company") (NASDAQ:NAAC) today announced that its 2022 annual general meeting of shareholders (the "Meeting") will be postponed from 9:30 a.m. Eastern Time on January 24, 2023 to 4:00 p.m. Eastern Time on January 25, 2023. The meeting can still be accessed virtually by visiting https://www.cstproxy.com/naac/2023. The record date for the Meeting remains the close of business on December 15, 2022 (the "Record Date"). The Company encourages its shareholders to vote in favor of the proposal to amend its charter to extend the date by which the Company has to complete a business combination from January 26, 2023 to
NEW YORK, July 1, 2022 /PRNewswire/ -- North Atlantic Acquisition Corporation ("NAAC") (NASDAQ:NAAC), a publicly-traded special purpose acquisition company, announced today that its business combination agreement with TeleSign, Inc. ("TeleSign") has terminated, effective immediately. As a result, the special meeting of NAAC stockholders to approve the proposed transaction has been cancelled and NAAC will seek an alternative business combination. Gary Quin, Chief Executive Officer of NAAC, said, "We are disappointed that current market conditions made it impossible to complete our proposed merger, but TeleSign is a great company with a strong management team and we are confident that it has
SC 13G/A - North Atlantic Acquisition Corp (0001830063) (Subject)
SC 13G/A - North Atlantic Acquisition Corp (0001830063) (Subject)
SC 13G - North Atlantic Acquisition Corp (0001830063) (Subject)
15-12G - North Atlantic Acquisition Corp (0001830063) (Filer)
25-NSE - North Atlantic Acquisition Corp (0001830063) (Subject)
8-K - North Atlantic Acquisition Corp (0001830063) (Filer)
North Atlantic Acquisition Corporation ("NAAC") (NASDAQ:NAAC), a publicly-traded special purpose acquisition company, announced today that its business combination agreement with TeleSign, Inc. ("TeleSign") has terminated, effective immediately. As a result, the special meeting of NAAC stockholders to approve the proposed transaction has been cancelled and NAAC will seek an alternative business combination. Gary Quin, Chief Executive Officer of NAAC, said, "We are disappointed that current market conditions made it impossible to complete our proposed merger, but TeleSign is a great company with a strong management team and we are confident that it has a bright future."
During Friday's session, 59 stocks hit new 52-week lows. Areas of Significance In Today's 52-Week Lows: Medtronic (NYSE:MDT) is the largest company in terms of market cap to set a new 52-week low this morning. Performance Shipping (NASDAQ:PSHG) was the smallest, in terms of market cap, to set a new 52-week low. Performance Shipping (NASDAQ:PSHG)'s stock came under the most pressure, trading down 63.73% to reach a new 52-week low. Sutro Biopharma (NASDAQ:STRO)'s stock bounced back the most, actually rising 0.0% after reaching its new 52-week low. The following stocks achieved new 52-week lows on Friday: Medtronic (NYSE:MDT) stock drifted down 1.89% on Friday morning to hit a ne