Crypto 1 Acquisition Corp. Plans Liquidation
December 09 2022 - 11:43AM
Dow Jones News
By Kathryn Hardison
Crypto 1 Acquisition Corp. said Friday that it plans to dissolve
and liquidate after failing to enact an initial business
combination within its required time frame.
The company will redeem all outstanding shares of its Class A
common stock that were included in its initial public offering. The
per-share redemption price will be about $10.14, it said.
The redemption of the public shares is expected to be completed
on Dec. 19, the company said.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
December 09, 2022 11:28 ET (16:28 GMT)
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