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HIGA - HIGA STOCK NEWS

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

Rhea-AI Summary

H.I.G. Acquisition Corp. (NYSE:HIGA) announced on October 14, 2022, its board's decision to redeem all outstanding Class A ordinary shares, effective October 24, 2022. The redemption price is set at approximately $10.04 per share after taxes and expenses. The last trading day for Class A Shares is October 21, 2022, after which they will be suspended and cancelled. Holders must present their shares to receive the Redemption Amount, while beneficial owners in street name will receive the amount automatically. The company will also file for delisting with the SEC.

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Rhea-AI Summary

H.I.G. Acquisition Corp. (NYSE:HIGA) announced the redemption of all outstanding Class A ordinary shares effective October 24, 2022, due to the failure to complete an initial business combination within the required timeframe. The redemption process will begin after October 23, 2022, and will fully extinguish public shareholder rights. Trading of Class A Shares will cease on October 21, 2022. The company will also file to delist its securities with the U.S. Securities and Exchange Commission and expects to liquidate and dissolve thereafter.

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FAQ

What is the market cap of HIGA (HIGA)?

The market cap of HIGA (HIGA) is approximately 456.8M.
HIGA

NYSE:HIGA

HIGA Rankings

HIGA Stock Data

456.75M
36.08M
0.39%
96.11%
0.03%
Shell Companies
Financial Services
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United States
Miami