PepperLime Health to Shut Down

PepperLime Health Acquisition said in an 8-K that because it missed its deadline for completing a deal, it will redeem shares and shutter operations. No word on the per-share redemption price.

The company expects that the last day of trading on the Nasdaq will be Feb. 7.

The SPAC raised $150 million in an October 2021 with plans to companies at the intersection of technology and consumer health and wellness. Read more.

Source: PepperLime Health to Shut Down