Sierra Lake Acquisition Corp

Sierra Lake Acquisition Corp. operates as a blank check company. It was formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. The company was founded on January 26, 2021 and is headquartered in Chicago, IL.

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CHICAGO , Dec. 8, 2022 /PRNewswire/ -- Sierra Lake Acquisition Corp. (NASDAQ: SIER) (the "Company") announced today that due to its inability to consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation (the "Amended Charter") the Company intends to dissolve and liquidate in accordance with the provisions of its Amended Charter, effective as of the close of business on December 8, 2022, and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering (the "Public Shares"), at a per-share redemption price of approximately $10.12 (without giving effect to any interest that may be withdrawn to pay for taxes and dissolution expenses). As of the close of business on December 16, 2022, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount.

Sierra Lake Acquisition Corp. Announces Liquidation

News for Sierra Lake Acquisition Corp Stock (SIER)