An announcement from SDCL EDGE Acquisition Corp. Class A ( (SEDA) ) is now available.
SDCL EDGE Acquisition Corporation announced it will dissolve and liquidate after failing to complete a business combination by the set deadline. The company will redeem its Class A ordinary shares at an estimated price of $11.31 per share, with the process expected to conclude by November 18, 2024. Following this, the shares will be delisted from the NYSE, and the company's warrants will expire worthless. Shareholders holding public shares in 'street name' need not take action to receive their redemption amount.