Semper Paratus Acquisition Corp - LGSTU STOCK NEWS

Semper Paratus Acquisition Corporation (Nasdaq: LGST) has received shareholder approval for the proposed business combination with Tevogen Bio Inc. The Business Combination is expected to be consummated soon, with the common stock of the combined company trading on Nasdaq under the symbol 'TVGN'. Shareholders exercised their right to redeem their shares, with approximately $15.9 million expected to be removed from the Trust Account to pay such holders.

Semper Paratus Acquisition Corporation, a special purpose acquisition company, has filed a Prospectus Supplement for its upcoming extraordinary general meeting to consider the Business Combination with Tevogen Bio Inc, which includes de-registering from the Cayman Islands and redomesticating to the State of Delaware. The parties have also agreed to seek listing the New Tevogen common stock and public warrants on a tier of The Nasdaq Stock Market instead of the NYSE American.

Tevogen Bio Inc (Tevogen Bio) and Semper Paratus Acquisition Corporation (Nasdaq: LGST, LGSTW) have announced a proposed business combination with an expected pro forma equity value of $1.2 billion. The transaction will result in the post-closing combined company being renamed Tevogen Bio Holdings Inc. The Business Combination is expected to close shortly after the Special Meeting, subject to shareholder approvals and customary closing conditions.

Semper Paratus Acquisition Corporation (Nasdaq: LGST) regains compliance with Nasdaq Listing Rule 5450(b)(2)(A) by maintaining a Market Value of Listed Securities (MVLS) of $50,000,000 for ten consecutive business days.

Semper Paratus Acquisition Corporation files registration statement for proposed business combination with Tevogen Bio Inc.

Schwazze (OTCQX: SHWZ; NEO: SHWZ) announced on March 24, 2023, the appointment of Bradley Stewart to its Board of Directors, succeeding Sal Wahdan, who resigned. Stewart brings extensive experience in building technology and services companies, including roles as CEO at Fair Technologies and Chairman at XOJet. His expertise in strategic transformation and M&A is expected to enhance Schwazze's leadership as it aims to expand its cannabis business in Colorado and New Mexico. CEO Justin Dye expressed confidence in Stewart's contributions to the Board, thanking Wahdan for his service.

Semper Paratus Acquisition Corporation announced the successful closing of its initial public offering (IPO), raising $345 million from the sale of 34.5 million units, priced at $10.00 each. Each unit includes one Class A ordinary share and one-half of a redeemable warrant, with the latter entitling the holder to purchase a share at $11.50 per share. The units began trading on the Nasdaq under the symbol LGSTU on November 4, 2021. The proceeds will support the company's strategy for potential business combinations.