Frontier Investment in a regulatory filing indicates it will call a February meeting for shareholders to vote on an early liquidation proposal.
Althoughthe SPAC’s current deadline is in July, Frontier wants to move up the deadline to February so it can redeem shares and dissolve.
Frontier raised $200 million in a July 2021 IPO to focus on the technology, digital media, e-commerce, financial technology, or digital services sectors.
As of this month, the SPAC held about $29 million in trust, according to the filing. Read more.
Source: Frontier Investment Seeks Early Liquidation