North Atlantic Acquisition Corp

North Atlantic Acquisition Corp. operates as a blank check company. It is created for 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 October 14, 2020 and is headquartered in New York, NY.

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North Atlantic Acquisition Corp. NAAC, a special purpose acquisition company (SPAC), or blank-check company, said Wednesday that it will dissolve and liquidate, after failing to find a merger partner within the two-year deadline. The SPAC, with a market capitalization of $480.5 million at Tuesday's stock closing price of $10.13, said it will redeem all of the outstanding shares included in the initial public offering (IPO) filed in January 2021, at a per-share redemption price of $10.13.

North Atlantic SPAC to dissolve after inability to find merger partner within 2-year deadline

NEW YORK , Jan. 25, 2023 /PRNewswire/ -- North Atlantic Acquisition Corporation (the "Company") (Nasdaq: NAAC), announced today that it has canceled its annual general meeting of shareholders that was previously scheduled for 4:00 PM Eastern time on January 25, 2023, and that, due to its inability to consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of Association, as amended (the "Charter"), the Board of Directors of the Company has elected to dissolve and liquidate the Company in accordance with the provisions of its Charter, and will redeem all of the outstanding ordinary shares that were included in the units issued in its initial public offering (the "Public Shares"), at a per-share redemption price of approximately $10.13. As of the close of business on January 26, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount.

North Atlantic Acquisition Corporation Announces Cancellation of Annual General Meeting of Shareholders and Liquidation

NEW YORK , Jan. 18, 2023 /PRNewswire/ -- North Atlantic Acquisition Corporation (the "Company") (Nasdaq: NAAC) today announced that its 2022 annual general meeting of shareholders (the "Meeting") will be postponed from 9:30 a.m. Eastern Time on January 24, 2023 to 4:00 p.m.

North Atlantic Acquisition Corporation Announces Postponement of its 2022 Annual General Meeting to January 25, 2023, Change to Amounts to be Added to Trust Account and That Trust Account Will Bear Interest

NEW YORK , July 1, 2022 /PRNewswire/ -- North Atlantic Acquisition Corporation ("NAAC") (NASDAQ: NAAC), a publicly-traded special purpose acquisition company, announced today that its business combination agreement with TeleSign, Inc. ("TeleSign") has terminated, effective immediately.  As a result, the special meeting of NAAC stockholders to approve the proposed transaction has been cancelled and NAAC will seek an alternative business combination.

North Atlantic Acquisition Corp. Announces Termination of Business Combination Agreement with TeleSign, Inc.

NEW YORK , June 1, 2022 /PRNewswire/ -- North Atlantic Acquisition Corporation ("NAAC") (Nasdaq: NAAC) announces that it has postponed NAAC's extraordinary general meeting of shareholders (the "Extraordinary Meeting") scheduled to be held today. A revised date for the Extraordinary Meeting will be announced in due course.

North Atlantic Acquisition Corporation Announces Postponement of Extraordinary General Meeting of Shareholders

NEW YORK , May 17, 2022 /PRNewswire/ -- North Atlantic Acquisition Corporation ("NAAC") (Nasdaq: NAAC) today announced that it postponed NAAC's extraordinary general meeting of shareholders (the "Extraordinary Meeting") originally scheduled to be held on May 18, 2022. The Extraordinary Meeting has been postponed until June 1, 2022 at 8:00 a.m.

North Atlantic Acquisition Corporation Announces Postponement of Extraordinary Meeting of Shareholders

LOS ANGELES, April 21, 2022 (GLOBE NEWSWIRE) -- TeleSign , the leading provider of Digital Identity and Communications solutions, today released preliminary financial results for the first quarter ended March 31, 2022.

TeleSign Announces First Quarter 2022 Financial and Operational Results

Special Meeting of NAAC (Nasdaq: NAAC) shareholders to approve the proposed business combination scheduled for  May 18, 2022 at 11:00 a.m. Eastern Tim e TeleSign common stock and warrants to be listed on the Nasdaq Stock Exchange under the ticker symbols "TLSN" and "TLSNW," respectively, following the close of the business combination.

North Atlantic Acquisition Corp. and TeleSign Announce Effectiveness of Registration Statement and Set Special Shareholder Meeting Date to Vote on Proposed Business Combination

NEW YORK, March 21, 2022 /PRNewswire/ -- North Atlantic Acquisition Corporation (NASDAQ: NAAC) ("NAAC"), a blank check company formed for the purpose of effecting a business combination with a company with global ambition, today announced the public filing with the U.S. Securities and Exchange Commission ("SEC") of a registration statement on Form S-4 (the "Registration Statement") by NAAC Holdco, Inc. ("Holdco") relating to NAAC's previously announced proposed business combination with TeleSign, a pioneer and leader in connecting, protecting and defending the world's leading brands and their customers as they engage in the digital economy. NAAC previously announced a confidential submission with the U.S. Securities and Exchange Commission of a draft of the Registration Statement on January 7, 2022.

North Atlantic Acquisition Corporation and TeleSign Announce Public Filing of Registration Statement on Form S-4 in Connection with Proposed Business Combination

LOS ANGELES, Feb. 18, 2022 (GLOBE NEWSWIRE) -- TeleSign, the leading provider of Digital Identity and Communications solutions, today released preliminary financial results for the year and fourth quarter ended December 31, 2021.

TeleSign Announces Full-Year and Fourth Quarter 2021 Financial Results

NEW YORK, Jan. 7, 2022 /PRNewswire/ -- North Atlantic Acquisition Corporation (NASDAQ: NAAC) ("NAAC"), a blank check company formed for the purpose of effecting a business combination with a company with global ambition, today announced the confidential submission with the U.S. Securities and Exchange Commission ("SEC") of a draft registration statement on Form S-4 (the "Registration Statement") relating to its previously announced proposed business combination with TeleSign, a pioneer and leader in connecting, protecting and defending the world's leading brands and their customers as they engage in the digital economy. The transaction, which has been approved by the boards of directors of TeleSign, Proximus Group and NAAC, is expected to close in Q2 2022, subject to, among other things, SEC review, approval of NAAC shareholders and regulatory approvals, and the satisfaction of other customary closing conditions.

North Atlantic Acquisition Corporation Announces Confidential Submission of Form S-4 Registration Statement Related to Proposed Business Combination

NEW YORK, Dec. 16, 2021 /PRNewswire/ -- TeleSign is a pioneer and leader in connecting, protecting and defending the world's leading brands and their customers as they engage in the digital economy. TeleSign does this via its unique software platform developed over 15 years and continually enhanced via its machine learning algorithm TeleSign intends to go public via a business combination with North Atlantic Acquisition Corporation (Nasdaq: NAAC), a publicly traded special purpose acquisition company (SPAC), with $380 million in trust TeleSign has also secured $107.5 million in Private Investment in Public Equity (PIPE) financing from a group of investors including SFPI-FPIM as a key investor With this transaction, TeleSign expects to accelerate its investment and fund its growth.

TeleSign and North Atlantic Acquisition Corporation Announce Business Combination and Intent To Go Public

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