Welcome to our dedicated page for BGSX news (Ticker: BGSX), a resource for investors and traders seeking the latest updates and insights on BGSX stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BGSX's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BGSX's position in the market.
Build Acquisition Corp. (NYSE:BGSX) announced the redemption of all public shares due to the failure to complete a business combination by March 19, 2023. Effective March 17, 2023, investors will receive a redemption price of approximately $10.21 per share, calculated based on the amount held in the trust account. Following this, public shares will be cancelled and cease trading on March 16, 2023. The company plans to file for delisting with the NYSE and will terminate its registration under the Securities Exchange Act of 1934. No redemption rights apply to outstanding warrants, and initial stockholders have waived their redemption rights.
Build Acquisition Corp. announced that holders of its 20,000,000 initial public offering units can separately trade Class A common stock and warrants starting May 7, 2021. The Class A common stock will trade under the symbol BGSX and warrants under BGSX.WS on the NYSE. No fractional warrants will be issued, and unseparated units will trade under BGSX.U. The offering was made via a prospectus available through the SEC. Build Acquisition Corp. is focused on mergers and acquisitions in the software and technology-enabled services sectors in North America.
Build Acquisition Corp. has successfully closed its IPO, issuing 20,000,000 units priced at $10.00 each, trading on the NYSE under the symbol BGSX.U since March 17, 2021. Each unit comprises one share of Class A common stock and one-third of a redeemable warrant, which can be exercised at $11.50 per share. The company has granted underwriters a 45-day option to purchase an additional 3,000,000 units for overallotments. Established to pursue business combinations in the software and technology services sectors in North America, Build Acquisition Corp. is led by Lanham Napier and a qualified board.
Build Acquisition Corp. has priced its initial public offering (IPO) at $10.00 per unit, amounting to 20,000,000 units. The offering will be listed on the NYSE under ticker symbol 'BGSX.U' starting March 17, 2021. Each unit consists of one share of Class A common stock and one-third of a redeemable warrant, granting rights to purchase additional shares at $11.50. The company has granted underwriters a 45-day option for an additional 3,000,000 units. The IPO is set to close on March 19, 2021, pending customary conditions.
FAQ
What is the market cap of BGSX (BGSX)?
