Rmg Acquisition CORP Iii
Market Movers (8-K)
RMG Acquisition Corp. III will liquidate and redeem its public Class A shares at approximately $10.00 per share after failing to complete an initial business combination within the required timeframe.
Worse than expected
RMG Acquisition Corp. III shareholders approved an extension to the deadline for completing a business combination, moving it from November 9, 2024, to a potential date as late as August 9, 2025.
Delay expected
RMG Acquisition Corp. III's Chief Financial Officer, Wesley Sima, resigned on May 3, 2024, and entered into a consulting agreement with the company.
RMG Acquisition Corp. III will be delisted from the Nasdaq Stock Market on April 22, 2024, and plans to move to the OTC market while seeking a future re-listing on Nasdaq or another national exchange.
Worse than expected
8-K: RMG Acquisition Corp. III Reverses Course, Cancels Liquidation and Pursues Business Combination
RMG Acquisition Corp. III has reversed its decision to liquidate, opting instead to pursue a business combination and seek an extension of its termination date.
Worse than expected
Delay expected
8-K: RMG Acquisition Corp. III to Dissolve and Liquidate After Failing to Secure Business Combination
RMG Acquisition Corp. III will dissolve and liquidate, returning approximately $10.00 per share to public shareholders after failing to complete a business combination within the required timeframe.