thrive Acquisition announced that it will not complete a deal by its deadline, and so will liquidate and dissolve, effective at the close of business Jan. 25.

The anticipated per-share redemption price is approximately $10.36.

Thrive raised $172.5 million in an October 2021 ipo to focus a search on businesses within the global health and wellness industry. Read more.

Source: Thrive Acquisition will Redeem Shares and Shut Down