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Belong Acquisition Corp - BLNGW STOCK NEWS

Welcome to our dedicated page for Belong Acquisition news (Ticker: BLNGW), a resource for investors and traders seeking the latest updates and insights on Belong Acquisition stock.

Belong Acquisition Corp. (BLNGW) provides investors with authoritative updates regarding its corporate dissolution and stock redemption process. This page serves as the definitive source for all official communications related to the company's liquidation, including SEC filings and procedural announcements.

Access timely information about share redemption values, Nasdaq delisting timelines, and regulatory compliance updates. Our curated collection ensures stakeholders receive accurate details about the $10.23 per-share redemption amount and post-liquidation corporate status without speculative commentary.

Key updates include documentation of shareholder communications, final financial disclosures, and legal notifications regarding warrant expirations. All content is sourced from verified regulatory filings to maintain compliance and transparency throughout the dissolution process.

Bookmark this page for centralized access to BLNGW's concluding corporate actions. For complete records, cross-reference materials with the SEC’s EDGAR database using provided documentation links.

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Belong Acquisition Corp. (NASDAQ:BLNG) announced that the per-share redemption price for its outstanding shares of Class A common stock will be approximately $10.23. The Company will redeem all of its Public Shares and the redemption is expected to be completed within ten business days after July 27, 2023. The Company's sponsor has waived its redemption rights for its outstanding shares of Class B common stock. The Company's securities are expected to be delisted from the Nasdaq Stock Market and its registration terminated under the Securities Exchange Act of 1934.
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Belong Acquisition Corp. (NASDAQ:BLNG) announced its intention to dissolve and liquidate due to not consummating an initial business combination within the required time period. The Company will redeem all outstanding shares of Class A common stock included in its initial public offering. The per-share redemption price will be determined based on the balance in the trust account. The redemption is expected to be completed within ten business days after July 27, 2023.
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Belong Acquisition Corp. (NASDAQ:BLNG) has postponed its Special Meeting from December 7 to December 14, 2022. This meeting will include voting on key proposals: an amendment to extend the deadline for completing a business combination from January 27, 2023, to July 27, 2023, and an amendment regarding the liquidation of the trust account if the business combination is not completed by the extended date. The deadline for Class A common stockholders to submit shares for redemption has also been extended to December 12, 2022.

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Belong Acquisition Corp. (NASDAQ:BLNGU) announced that its unit holders can begin trading Class A common shares and warrants separately starting September 13, 2021. Units that are not separated will continue to trade under the symbol 'BLNGU'. The Class A common shares and warrants will trade under 'BLNG' and 'BLNGW', respectively. A registration statement was declared effective by the SEC on July 22, 2021. This announcement is not an offer to sell or solicit purchases in jurisdictions where such actions are illegal without proper registration.

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Belong Acquisition Corp. (NASDAQ:BLNGU) completed its IPO on July 27, 2021, raising $150 million by offering 15 million units at $10 each. Trading commenced on July 23, 2021, with each unit consisting of one share of Class A common stock and one-half warrant, convertible at $11.50 per share. The stock and warrants will trade separately under tickers BLNG and BLNGW, respectively. Wells Fargo Securities and Loop Capital Markets acted as joint book-runners. An additional 2.25 million units may be purchased by underwriters to cover overallotments.

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Belong Acquisition Corp. (NASDAQ:BLNGU) announced the pricing of its initial public offering (IPO) of 15,000,000 units at $10.00 per unit, raising gross proceeds of $150 million. The units will start trading on the Nasdaq Capital Market on July 23, 2021. Each unit comprises one share of Class A common stock and one-half warrant, exercisable at $11.50 per share. The offering is set to close around July 27, 2021, subject to customary conditions. Wells Fargo Securities and Loop Capital Markets are the joint book-running managers. The SEC declared the registration statement effective on July 22, 2021.

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