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Business Wire
2 years ago
KnightSwan Acquisition Corporation Will Redeem Its Public Shares and Will Not Consummate an Initial Business Combination
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.
