Frontier Acquisition announced it will redeem Class A ordinary shares and shutter operations effective at the close of business March 16. The per-share redemption price is expected to be approximately $10.16. The last day of trading in March 15.
The SPAC raised $230 million in an IPO two years ago
Frontier was pursuing opportunities at the intersection of the healthcare and technology industries. Read more.
Source: Frontier Acquisition Shutting Down