KnightSwan Acquisition Corporation

KNSW

Market cap $110M

NEW YORK--(BUSINESS WIRE)--KnightSwan Acquisition Corporation (NYSE: KNSW) (the “Company”), a publicly-traded special purpose acquisition company, today announced that its board of directors (the “Board”) has determined to redeem all of its outstanding shares of Class A common stock, par value $0.0001 per share (the “public shares”) because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation (as.