Announcement • Dec 14
Swiftmerge Acquisition Corp. Files Form 15 Swiftmerge Acquisition Corp. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant; Class A ordinary shares, par value $0.0001 per share and Warrants, each whole warrant exercisable for one Class A ordinary share, each at an exercise price of $11.50 per share under the Securities Exchange Act of 1934, as amended. Announcement • Aug 16
Swiftmerge Acquisition Corp. announced delayed 10-Q filing On 08/15/2024, Swiftmerge Acquisition Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • Jun 06
AleAnna Energy, LLC agreed to acquire Swiftmerge Acquisition Corp. (NasdaqCM:IVCP) in a reverse merger transaction for approximately $710 million. AleAnna Energy, LLC agreed to acquire Swiftmerge Acquisition Corp. (NasdaqCM:IVCP) in a reverse merger transaction for approximately $710 million on June 4, 2024. The consideration consists of 65,098,476 shares of either or a combination of (a) Surviving PubCo Class A Common Stock or (b) Surviving PubCo Class C Common Stock. AleAnna will be required to pay Swiftmerge a termination fee equal to $1,000,000 in cash if Swiftmerge validly terminates the Merger Agreement pursuant. The proposed Business Combination, which has been approved by both the Board of Directors of Swiftmerge and the Board of Directors of AleAnna, is subject to shareholder approval and other customary closing conditions. The transaction is expected to close during the third or fourth quarter of 2024. David Chertok of Meitar Law Offices and Mark Selinger, Gary Emmanuel, and Grant J. Levine of Greenberg Traurig, LLP acted as legal advisor to Swiftmerge Acquisition Corp. Jennifer Wisinski and J. Brent Beckert of Haynes and Boone, LLP acted as legal advisor to AleAnna Energy, LLC.