NCAC
Newcourt Acquisition Corp Class A Ordinary ShareNCAC
NCAC
Delisted
NCAC was delisted on the 25th of January, 2024.
About: Newcourt Acquisition Corp is a blank check company. The company was formed for the purpose of effecting a merger, capital exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Employees: 3
Financial journalist opinion
Negative
InvestorPlace
1 year ago
Why Is Newcourt Acquisition (NCAC) Stock Down 16% Today?
Newcourt Acquisition (NASDAQ: NCAC ) stock is falling on Tuesday as the special purpose acquisition company (SPAC) provides investors with an update on its business combination plans. According to a press release, the business combination conditions between it and Pubco haven't been satisfied yet.
Neutral
GlobeNewsWire
1 year ago
Newcourt Acquisition Corp Announces Continuation of Business Combination Close Process
NEW YORK, NY, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Newcourt Acquisition Corp (“Newcourt”) (NASDAQ: NCAC) announced today that the conditions to closing the business combination (the “Business Combination”) pursuant to the Amended and Restated Business Combination Agreement, dated July 31, 2023 (as amended, supplemented, or otherwise modified from time to time, the “Amended and Restated Business Combination Agreement”), by and among Newcourt, Newcourt SPAC Sponsor LLC, Psyence Group Inc. (CSE: PSYG) (“Psyence”), Psyence Biomedical Ltd., a corporation organized under the laws of Ontario, Canada (“Pubco”), Psyence (Cayman) Merger Sub, Psyence Biomed Corp., and Psyence Biomed II Corp. have not yet been satisfied and the business combination has not closed. The parties are working together to expeditiously satisfy such closing conditions, including obtaining the approval of Nasdaq to list Pubco's ordinary shares following the closing of the business combination. On January 22, 2024, Newcourt's shareholders approved to extend the date by which Newcourt must consummate its initial business combination from January 22, 2024 to February 22, 2024. There can be no assurance that the business combination will be consummated by February 22, 2024.
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