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Thursday, February 16, 2023

Equity Corporate Actions Alert #2023 - 98
Information regarding the redemption of Kadem Sustainable Impact Corporation (KSI/KSICW/KSICU)

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  • Industry Announcement

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Kadem Sustainable Impact Corporation (KSI/KSICW/KSICU) has announced it will redeem its public shares and will not consummate an initial business combination. As of the close of business on March 19, 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: Kadem Sustainable Impact Corporation Class A Common Stock
CUSIP#: 48284E105
Symbol: KSI
Last Trading Date: March 16, 2023
Marketplace Effective Date for Suspension: March 17, 2023
Redemption rate: Approximately $10.05 per Common Stock
Company Name & Issue Type: Kadem Sustainable Impact Corporation Warrant
CUSIP#: 48284E113
Symbol: KSICW
Last Trading Date: March 16, 2023
Marketplace Effective Date for Suspension: March 17, 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: Kadem Sustainable Impact Corporation Unit
CUSIP#: 48284E204
Symbol: KSICU
Last Trading Date: March 16, 2023
Marketplace Effective Date for Suspension: March 17, 2023
Redemption rate: Approximately $10.05 per Common Stock

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