RMG Acquisition Corp. III to Redeem Public Shares and Liquidate, Appoints Alvarez & Marsal as Voluntary Liquidators
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RMG Acquisition Corp. III has decided to liquidate due to the inability to complete a business combination within the required timeframe. The company will redeem all outstanding Class A ordinary shares at approximately $10.00 per share and has appointed Alvarez & Marsal as voluntary liquidators. The company's warrants will expire worthless, and Nasdaq will delist its securities, with shares cancelled by July 9, 2025. Redemption of public shares will occur within ten days after this date, requiring no action from beneficial owners.
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