Belong Acquisition Stock Price, News & Analysis
BLNGW
NASDAQ
Company Description
Belong Acquisition Corp. (NASDAQ: BLNG), a blank-check company focused on acquiring or merging with businesses, is set to dissolve and liquidate due to not consummating an initial business combination within the required timeline. As of July 27, 2023, all outstanding shares of Class A common stock will be redeemed, with a per-share Redemption Amount of approximately $10.23. The company will delist from Nasdaq and terminate SEC registration post liquidation.
Stock Performance
$—
0.00%
0.00
Last updated:
- %
Performance 1 year
$0.0
Market Cap
0.0
Shares outstanding
Latest News
SEC Filings
No SEC filings available for Belong Acquisition.
Financial Highlights
—
Revenue (TTM)
—
Net Income (TTM)
—
Diluted EPS (TTM)
—
Operating Cash Flow
—
Net Profit Margin
—
Oper. Profit Margin
Upcoming Events
Frequently Asked Questions
What is Belong Acquisition Corp. focused on?
Belong Acquisition Corp. is a blank-check company dedicated to acquiring or merging with businesses.
Why is the company dissolving and liquidating?
The company will dissolve and liquidate due to not completing an initial business combination within the mandated timeline.
What is the per-share Redemption Amount?
The Redemption Amount for outstanding shares of Class A common stock is approximately $10.23.
When will the Public Shares be cancelled?
As of July 27, 2023, the Public Shares will be deemed canceled.
What will happen post-liquidation?
The company will delist from Nasdaq and terminate SEC registration.
Are there any redemption rights for warrants?
There will be no redemption rights or liquidating distributions for the company's warrants, which will expire worthless.
What happens to Public Shares held in "street name"?
Beneficial owners of Public Shares held in "street name" will not need to take any action to receive the Redemption Amount.
Will the company update shareholders post-redemption?
The company undertakes no obligation to update statements post-redemption, except as required by law.
Where can I find more information about the company?
More information about the company is available on the SEC’s website at www.sec.gov.
Who can be contacted for further information?
For further information, contact Peter Saldarriaga at ir@belongcapital.co.