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Monday, September 18, 2023

Equity Corporate Actions Alert #2023 - 526
(UPDATED: Timing revised) Information regarding the redemption of SilverSPAC Inc. (SLVR/W/U)

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  • Industry Announcement

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SilverSPAC Inc. (SLVR/W/U) has announced it will redeem its public shares and will not consummate an initial business combination. As of the close of business on September 27, 2023 (not September 28, 2023), the public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount. The details are as follows:

Company Name & Issue Type: SilverSPAC Inc. Class A Ordinary Share
CUSIP#: G8136V104
Symbol: SLVR
Last Trading Date: September 27, 2023
Marketplace Effective Date for Suspension: September 28, 2023
Redemption rate: $10.48132814 per Class A Ordinary Share
Company Name & Issue Type: SilverSPAC Inc. Warrant
CUSIP#: G8136V112
Symbol: SLVRW
Last Trading Date: September 27, 2023
Marketplace Effective Date for Suspension: September 28, 2023
Redemption rate: There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.
Company Name & Issue Type: SilverSPAC Inc. Unit
CUSIP#: G8136V120
Symbol: SLVRU
Last Trading Date: September 27, 2023
Marketplace Effective Date for Suspension: September 28, 2023
Redemption rate: $10.48132814 per Class A Ordinary Share

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