Onyx Acquisition Co. I Class A Ordinary Shares

ONYX

Market cap $90.5M

New York, New York, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Onyx Acquisition Co. I. (the “Company”) (Nasdaq: ONYX), a special purpose acquisition company, today announced that it will redeem all of its outstanding Class A ordinary shares included as part of the units issued in its initial public offering (the “Public Shares”), effective as of the close of business on November 13, 2024, because the Company will not consummate an initial business combination within the time period required by its amended and restated memorandum and articles of association (the “Articles”). Accordingly, the Company will not be seeking a further extension as contemplated by the preliminary proxy statement filed with the Securities and Exchange Commission (the “Commission”) on October 11, 2024.