Crixus BH3 Acquisition in an 8-K filing disclosed redemption figures following shareholder approval of a merger deadline extension until Aug. 7.
The SPAC said 17,987,408 shares were redeemed in connection with the shareholder vote, leaving 10,762,592 shares outstanding.
Crixus BH3 raised $200 million in an October 2021 IPO to focus on businesses that manage, finance, operate, construct, control, own or support real estate or which derive a large component of revenue from real estate, construction or infrastructure related activities. Read more.
Source: Crixus BH3 Acquisition Wins 6-Month Extension as Redemptions Hit 63%