Better World Acquisition Corp.

Better World Acquisition Corp. is a blank check company. The firm was formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination. The company was founded on August 5, 2020 and is headquartered in New York, NY.

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New York, NY, July 13, 2023 (GLOBE NEWSWIRE) -- Better World Acquisition Corp. (the “Company”) (Nasdaq: BWAC), announced today that, due to its inability to complete an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation,  as amended, the Company intends to liquidate and dissolve, effective as of the close of business on July 17, 2023, and will redeem all of the outstanding shares of common stock that were included in the units issued to public stockholders in its initial public offering (the “Public Shares”), at a per-share redemption price of approximately $10.91 (after taking into account the removal of a portion of the accrued interest in the trust account to pay taxes).

Better World Acquisition Corp. Announces Liquidation

NEW YORK, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Better World Acquisition Corp. (“Better World”) (Nasdaq: BWAC), an ESG-focused special purpose acquisition company, today announced it has entered into a Business Combination Agreement (the “Agreement”) with Heritage Distilling Holding Company, Inc. (“Heritage” or the “Company”), a leading craft distiller of innovative premium brands. The parent company following the consummation of the transaction, Heritage Distilling Group, Inc., will be a new Delaware holding company (the “Combined Company” or “Pubco”) that will be led by Justin Stiefel, Co-Founder and Chief Executive Officer of Heritage. Pubco's common stock is expected to be listed on the Nasdaq Capital Market following the consummation of the transaction under the ticker symbol “CASK”.

Better World Acquisition Corp. Announces Business Combination Transaction With Heritage Distilling Holding Company, Inc.

New York, NY, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Better World Acquisition Corp. (NASDAQ: BWAC) (the “Company”) announced today that its sponsor, BWA Holdings LLC (the “Sponsor”), has requested that the Company extend the date by which the Company has to consummate a business combination from February 17, 2022 to May 17, 2022 (the “Extension”). The Extension is the second of two three-month extensions permitted under the Company's governing documents. In connection with the Extension, the Sponsor has notified the Company that it intends to deposit an aggregate of $1,261,860 (representing $0.10 per public share) into the Company's trust account on or before February 17, 2022. The Extension provides the Company with additional time to complete its initial business combination.

Better World Acquisition Corp. Announces Extension of Deadline to Complete Business Combination

New York, NY, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Better World Acquisition Corp. (NASDAQ: BWAC) (the “Company”) announced today that its sponsor, BWA Holdings LLC (the “Sponsor”), has deposited an aggregate of $1,261,860 (representing $0.10 per public share) (the “Extension Payment”) into the Company's trust account for its public stockholders. This deposit enables the Company to extend the date by which the Company has to complete its initial business combination from November 17, 2021 to February 17, 2022 (the “Extension”). The Extension is the first of two three-month extensions permitted under the Company's governing documents.

Better World Acquisition Corp. Confirms Funding and Extension of Deadline to Complete Initial Business Combination

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