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DILA Capital Acquisition Corp announced its dissolution and liquidation, unable to finalize a business combination within the mandated timeframe. On December 27, 2022, approximately 5,829,980 public shares were redeemed at $10.04 each, following the liquidated trust account from its IPO. Trading of the company's shares on Nasdaq was suspended on December 22, 2022, with the company set to file Form 15 to terminate its SEC registration. This marks a significant moment in the company’s history as it concludes operations.
DILA Capital Acquisition Corp. announced a partial exercise of the underwriters' over-allotment option, increasing its initial public offering (IPO) units by 329,980. This brings the total units issued to 5,829,980, raising an aggregate of $58,299,800 at $10.00 per unit. Each unit comprises one share of Class A common stock and one redeemable warrant, allowing purchase of additional shares at $11.50. The units trade under the ticker symbol 'DILAU' on Nasdaq. EarlyBirdCapital acted as the lead manager for the offering.
DILA Capital Acquisition Corp. has successfully closed its initial public offering (IPO) of 5,500,000 units at a price of $10.00 per unit, raising $55,000,000 in gross proceeds. The units are listed on the Nasdaq under the symbol DILAU, with each unit consisting of one share of Class A common stock and a redeemable warrant priced at $11.50. The company aims to pursue mergers or acquisitions mainly in Latin America and the US, focusing on businesses with significant technological advantages catering to the Hispanic community.
DILA Capital Acquisition Corp. recently priced its upsized initial public offering (IPO) of 5,500,000 units at $10.00 per unit. Trading for these units is set to begin on June 15, 2021, under the symbol DILAU on the Nasdaq Capital Market. Each unit comprises one share of Class A common stock and one redeemable warrant, allowing for the purchase of another share at $11.50. The closing of the offering is expected on or around June 17, 2021. The company aims to pursue mergers and acquisitions primarily within the tech sector in Latin America and the Hispanic market in the U.S.
