RMG Acquisition III (RMGC) just unveiled an announcement.
RMG Acquisition Corp. III has announced its plan to dissolve and liquidate after failing to secure a business combination within the set timeframe, leading to the redemption of all outstanding Class A ordinary shares at approximately $10.00 each. Shareholders will receive their share of the trust account proceeds, while the Company’s sponsor has waived its redemption rights. The Company’s warrants will expire worthless, and steps will be taken to delist the Company’s securities from Nasdaq and terminate their registration with the SEC.
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