RMG Acquisition to Liquidate After Failing to Complete Business Combination-February 2024-www.financetom.com

RMG Acquisition to Liquidate After Failing to Complete Business Combination

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RMG Acquisition to Liquidate After Failing to Complete Business Combination

Apr 9, 2024 2:37 AM

05:04 AM EDT, 04/09/2024 (MT Newswires) -- RMG Acquisition Corp. III ( RMGC ) said late Monday it is liquidating effective April 22 after the blank-check company failed to consummate an initial business combination within the required period.

It will redeem all outstanding shares of its class A ordinary stock for about $10 each, the company said.

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