Welcome to our dedicated page for BITEU news (Ticker: BITEU), a resource for investors and traders seeking the latest updates and insights on BITEU stock.
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Bite Acquisition Corp. (NYSE: BITE) announced its transfer of listing from the New York Stock Exchange to NYSE American, effective February 13, 2023. The company will continue trading under the same ticker symbols: BITE, BITE.U, and BITE WS. As a SPAC, Bite focuses on potential mergers in the restaurant sector across North America. The transition aims to enhance trading liquidity and access to capital for future business combinations.
Bite Acquisition Corp. (NYSE: BITE) announced plans to transfer its common stock, units, and warrants listing from the New York Stock Exchange to NYSE American LLC, effective February 13, 2023. The company's ticker symbols will remain the same: BITE, BITE.U, and BITE WS. As a special purpose acquisition company (SPAC), Bite Acquisition Corp. focuses on mergers and business combinations, particularly in the restaurant sectors across North America. This move aims to enhance trading opportunities for investors as the company prepares for future business ventures.
Bite Acquisition Corp. (NYSE: BITE.U, BITE, BITE.WS) announced an amendment to its proxy statement related to a special meeting on December 15, 2022. The amendment alters the Extension Payment calculation to $0.05 per public share, capped at $150,000, allowing for extensions of up to six months. If stockholders approve the Early Termination Proposals, all public shares will be redeemed by December 22, 2022, due to the failure to complete a business combination within the charter's timeframe. The per-share redemption price is expected to be ~$10.00, pending approval, after which the company may proceed with dissolution.
