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Friday, September 22, 2023

Equity Corporate Actions Alert #2023 - 543
Information Regarding the Redemption of 26 Capital Acquisition Corp. (ADER/W/U)

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  • Industry Announcement

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26 Capital Acquisition Corp. (ADER/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 Friday, September 25, 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: 26 Capital Acquisition Corp. Class A Common Stock
CUSIP#: 90138P100
Symbol: ADER
Last Trading Date: September 25, 2023
Marketplace Effective Date for Suspension: September 26, 2023
Redemption rate: Approximately $10.95 per Class A Common Stock
Company Name & Issue Type: 26 Capital Acquisition Corp. Warrant
CUSIP#: 90138P118
Symbol: ADERW
Last Trading Date: September 25, 2023
Marketplace Effective Date for Suspension: September 26, 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: 26 Capital Acquisition Corp. Unit
CUSIP#: 90138P209
Symbol: ADERU
Last Trading Date: September 25, 2023
Marketplace Effective Date for Suspension: September 26, 2023
Redemption rate: Approximately $10.95 per Class A Common Stock

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