Skydeck Acquisition Won’t Complete a Deal, Will Dissolve May 21

Skydeck Acquisition announced it will redeem all outstanding Class A shares and shut down May 21, after failing to complete a deal by dseadline/

The per-share redemption price will be approximately $10.27, according to the announcement. The balance of the trust as of April 21 was just shy of $228 million.

Skydeck was focused on media, technology, communications and companies in the United States and other regions. Chairman Paul Salem for 27 years was a senior managing director on Providence Equity's investment team. Read more.

Source: Skydeck Acquisition Won't Complete a Deal, Will Dissolve May 21