Anthemis Digital Acquisitions I Corp

Anthemis Digital Acquisitions I Corp. operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on February 26, 2021 and is headquartered in New York, NY.

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Anthemis Digital Acquisitions I Corp. operates as a blank check company, which aims to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on February 26, 2021 and is headquartered in New York, NY.

GEORGE TOWN, Cayman Islands , April 28, 2023 /PRNewswire/ -- Anthemis Digital Acquisitions I Corp (NASDAQ: ADALU) (the "Company") today announced that it will redeem all of its outstanding Class A ordinary shares (the "Class A Shares"), effective as of the close of business on May 3, 2023, because the Company will not consummate an initial business combination by May 1, 2023, the time period required by its amended and restated memorandum and articles of association. The per-share redemption price for the public shares will be approximately $10.48 (the "Redemption Amount").

Anthemis Digital Acquisitions I Corp Will Redeem its Public Shares and Will Not Consummate an Initial Business Combination

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