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GGMC - GGMC STOCK NEWS

Welcome to our dedicated page for GGMC news (Ticker: GGMC), a resource for investors and traders seeking the latest updates and insights on GGMC 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 GGMC'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 GGMC's position in the market.

Rhea-AI Summary

Glenfarne Merger Corp. (NASDAQ: GGMCU, GGMC, GGMCW) has announced its intention to dissolve and liquidate due to the inability to complete a business combination within required timeframes. The company’s trust account has been liquidated, redeeming approximately 26.9 million public shares at $10.10 each on December 21, 2022, followed by an additional 339,716 shares redeemed on December 22, 2022. Trading on Nasdaq was suspended on December 16, 2022, and the company plans to file for termination with the SEC, ceasing all listings and registrations.

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Rhea-AI Summary

Glenfarne Merger Corp. (Nasdaq: GGMC) announced today that holders of units from its March 23, 2021 IPO can start trading the Class A common stock and warrants separately from May 10, 2021. Unsplit units will continue to trade as 'GGMCU,' while the Class A stock and warrants will use symbols 'GGMC' and 'GGMCW,' respectively. Glenfarne Merger Corp. is a blank check company aiming for mergers in the energy transition sector in the Americas.

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FAQ

What is the market cap of GGMC (GGMC)?

The market cap of GGMC (GGMC) is approximately 352.0M.
GGMC

Nasdaq:GGMC

GGMC Rankings

GGMC Stock Data

352.02M
28.09M
87.09%
0.05%
Shell Companies
Financial Services
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United States
New York