Announcement • Jun 21
JAWS Hurricane Acquisition Expects Nasdaq Stock Market LLC to File Form 25 with the Commission to Delist its Securities On June 1, 2023, JAWS Hurricane Acquisition Corporation (the ‘Company’) announced its board of directors (the ‘Board’) had determined to redeem all of its outstanding shares of Class A common stock, par value $0.0001 per share, previously issued in the Company's initial public offering (the ‘PublicShares’). As previously announced, the Company anticipates that the last day of trading in the PublicShares will be June 15, 2023. On or about June 23, 2023, the PublicShares will be deemed cancelled and will represent only the right to receive the per-share redemption price for the PublicShares (the ‘Redemption Amount’). Net of taxes and dissolution expenses, the Redemption Amount is expected to be approximately $10.25. The Redemption Amount will be payable to the holders of the PublicShares upon presentation of their respective share or unit certificates or other delivery of their shares or units to the Company's transfer agent, Continental Stock Transfer & Trust Company. Beneficial owners of PublicShares held in ‘street name,’ however, will not need to take any action in order to receive the Redemption Amount. The Company's initial stockholder has waived its redemption rights with respect to the Company's outstanding Class B common stock, par value $0.0001 per share, issued prior to the Company's initial public offering. After June 15, 2023, the Company shall cease all operations except for those required to wind up the Company's business. The Company expects that the Nasdaq Stock Market LLC will file a Form 25 with the Commission to delist its securities. The Company thereafter expects to file a Form 15 with the Commission to terminate the registration of its securities under the Securities Exchange Act of 1934, as amended. Announcement • Jun 12
JAWS Hurricane Acquisition Corporation has completed an IPO in the amount of $275 million. JAWS Hurricane Acquisition Corporation has completed an IPO in the amount of $275 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 27,500,000
Price\Range: $10
Discount Per Security: $0.55
Transaction Features: Blank Check Blind Pool Company