Warburg Pincus Capital Corp I-B

Warburg Pincus Capital Corp. I-B is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses that the Company has not yet identified. The company was founded on December 1, 2020 and is headquartered in New York, NY.

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NEW YORK , Feb. 23, 2023 /PRNewswire/ -- Warburg Pincus Capital Corporation I-B (the "Company") (NYSE: WPCB), a special purpose acquisition company, today announced that it will redeem all of its outstanding Class A ordinary shares, par value $0.0001 previously issued to the public (the "Public Shares"), effective as of the close of business on March 10, 2023, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of Association (the "Articles"). As stated in the Company's Articles and in the Company's registration statement on Form S-1 (Registration No.

Warburg Pincus Capital Corporation I-B will redeem its Public Shares and will not consummate an initial business combination

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