This press releases amends and restates Home Plate Acquisition Corporation's (the "Company" or "Home Plate") (NASDAQ:HPLT) press release dated October 3, 2023. Yesterday, the Company announced that the Company has cancelled its special meeting of stockholders that was previously scheduled for 3:00 p.m. Eastern Time on October 3, 2023, and that, because the Company will not consummate an initial business combination by October 4, 2023, the time period required by the Company's Amended and Restated Certificate of Incorporation to consummate a business combination. Promptly as reasonably possible after October 4, 2023, the Company intends to dissolve and liquidate in accordance with the provisi

Heidmar Inc. (the "Company") announced today that it has terminated the Business Combination Agreement dated March 19, 2023 (as amended, the "Business Combination Agreement") between the Company, Home Plate Acquisition Corporation (NASDAQGM:HPLT), a publicly-listed, special purpose acquisition company ("Home Plate"), Heidmar Marine Inc., Home Plate Sponsor LLC, HP Merger Subsidiary Corp. and certain shareholders of the Company party thereto, pursuant to Sections 11.1(b) and 11.1(d) of the Business Combination Agreement.  

Heidmar Inc., a first-class commercial and pool management business servicing the crude oil and refined petroleum product tanker market announces plan to list on Nasdaq through merger with Home Plate Acquisition Corporation (NASDAQ GM: HPLT)   Highlights Single platform aggregator of maritime services for tanker industry with unique asset light business model Strong cash position and no debt provides high flexibility for future growth Targeting minimum cash raise of $55 million, in a combination of expected PIPE raise and Trust cash Predictable fee-based earnings to further isolate Heidmar from freight rate exposure Targeted $0.30 per share dividend post-combination implies a sustain

  During Wednesday's morning session, 34 stocks hit new 52-week lows. Things to Consider About Today's 52-Week Lows: Illumina (NASDAQ:ILMN) was the biggest company in terms of market cap to set a new 52-week low. Catalyst Biosciences (NASDAQ:CBIO) was the smallest firm by market cap to set a new 52-week low. Gatos Silver (NYSE:GATO) saw the most pronounced move, as shares traded down 65.34% to hit its new 52-week low. Home Plate Acquisition (NASDAQ:HPLT) saw the sharpest rebound, as shares ascended 0.1%, reversing after hiting a new 52-week low. Stocks that set new 52-week lows on Wednesday are as follows: Illumina (NASDAQ:ILMN) shares reached a new 52-week low of $339.15 on Wed

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NEW YORK, Oct. 04, 2023 (GLOBE NEWSWIRE) -- This press releases amends and restates Home Plate Acquisition Corporation's (the "Company" or "Home Plate") (NASDAQ:HPLT) press release dated October 3, 2023. Yesterday, the Company announced that the Company has cancelled its special meeting of stockholders that was previously scheduled for 3:00 p.m. Eastern Time on October 3, 2023, and that, because the Company will not consummate an initial business combination by October 4, 2023, the time period required by the Company's Amended and Restated Certificate of Incorporation to consummate a business combination. Promptly as reasonably possible after October 4, 2023, the Company intends to dissolv

ATHENS, Greece, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Heidmar Inc. (the "Company") announced today that it has terminated the Business Combination Agreement dated March 19, 2023 (as amended, the "Business Combination Agreement") between the Company, Home Plate Acquisition Corporation (NASDAQGM:HPLT), a publicly-listed, special purpose acquisition company ("Home Plate"), Heidmar Marine Inc., Home Plate Sponsor LLC, HP Merger Subsidiary Corp. and certain shareholders of the Company party thereto, pursuant to Sections 11.1(b) and 11.1(d) of the Business Combination Agreement. In conjunction with the termination of the Business Combination Agreement, each of the Ancillary Documents (as defined in

NEW YORK, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Home Plate Acquisition Corporation (the "Company" or "Home Plate") (NASDAQ:HPLT) today announced that the Company has cancelled its special meeting of stockholders that was previously scheduled for 3:00 p.m. Eastern Time on October 3, 2023, and that, because the Company will not consummate an initial business combination by October 4, 2023, the time period required by the Company's Amended and Restated Certificate of Incorporation to consummate a business combination, promptly as reasonably possible after October 4, 2023, the Company intends to dissolve and liquidate in accordance with the provisions of its Amended and Restated Certificate of Inc

NEW YORK, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Home Plate Acquisition Corporation (the "Company" or "Home Plate") (NASDAQ:HPLT) announced that it convened and then adjourned, without conducting any business, its special meeting of stockholders (the "Special Meeting"). The Special Meeting has been adjourned to 3:00 p.m., Eastern Time, on October 3, 2023, as a virtual meeting at www.virtualshareholdermeeting.com/HPLT2023SM2. The Special Meeting is being held for the purposes of considering and voting on (i) the Extension Amendment Proposal, (ii) the Trust Amendment Proposal and (iii) the Redemption Limitation Amendment Proposal, each as described in Home Plate's definitive proxy statement filed

NEW YORK, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Home Plate Acquisition Corporation (the "Company" or "Home Plate") (NASDAQ:HPLT) announced that it convened and then adjourned, without conducting any business, its special meeting of stockholders (the "Special Meeting"). The Special Meeting has been adjourned to 11:00 a.m., Eastern Time, on October 2, 2023, as a virtual meeting at www.virtualshareholdermeeting.com/HPLT2023SM2. The Special Meeting is being held for the purposes of considering and voting on (i) the Extension Amendment Proposal, (ii) the Trust Amendment Proposal and (iii) the Redemption Limitation Amendment Proposal, each as described in Home Plate's definitive proxy statement fil

NEW YORK, March 28, 2023 (GLOBE NEWSWIRE) -- Home Plate Acquisition Corporation (the "Company" or "Home Plate") (NASDAQ:HPLT) announced that it convened and then adjourned, without conducting any business, its special meeting of stockholders (the "Special Meeting"). The Special Meeting has been adjourned to 10:30 a.m., Eastern Time, on March 30, 2023, as a virtual meeting at www.virtualshareholdermeeting.com/HPLT2023SM. The Special Meeting is being held for the purposes of considering and voting on (i) the Extension Amendment Proposal, (ii) the Trust Amendment Proposal and (iii) the Founder Share Amendment Proposal, each as described in Home Plate's definitive proxy statement filed with th

Heidmar Inc., a first-class commercial and pool management business servicing the crude oil and refined petroleum product tanker market announces plan to list on Nasdaq through merger with Home Plate Acquisition Corporation (NASDAQ GM: HPLT) Highlights Single platform aggregator of maritime services for tanker industry with unique asset light business modelStrong cash position and no debt provides high flexibility for future growth Targeting minimum cash raise of $55 million, in a combination of expected PIPE raise and Trust cashPredictable fee-based earnings to further isolate Heidmar from freight rate exposureTargeted $0.30 per share dividend post-combination implies a sustainable yield