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Monday, December 12, 2022

Equity Corporate Actions Alert #2022 - 432
Information Regarding the Anticipated Redemption of Argus Capital Corp. (ARGU/W/U)

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  • Industry Announcement

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On December 20, 2022, shareholders of Argus Capital Corp. ARGU/W/U) will meet to vote to redeem the company's public shares and not consummate a business combination. If approved, the redemption will be effective as of the close of business on December 20, 2022 and 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: Argus Capital Corp. Class A Common Stock
CUSIP#: 04026L105
Symbol: ARGU
Anticipated Last Trading Date: December 20, 2022
Anticipated Marketplace Effective Date for Suspension: December 21, 2022
Redemption rate: TBA per Class A Common Stock
Company Name & Issue Type: Argus Capital Corp. Warrant
CUSIP#: 04026L113
Symbol: ARGUW
Anticipated Last Trading Date: December 20, 2022
Anticipated Marketplace Effective Date for Suspension: December 21, 2022
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: Argus Capital Corp. Unit
CUSIP#: 04026L204
Symbol: ARGUU
Anticipated Last Trading Date: December 20, 2022
Anticipated Marketplace Effective Date for Suspension: December 21, 2022
Redemption rate: TBA per Class A Common Stock

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