By Josh Beckerman
Clean-check firm GO Acquisition Corp. mentioned it can redeem its Class A standard inventory on Aug. 17.
In a June 17 letter to stockholders, included in a securities submitting on the time, the corporate mentioned it would not full a mix and would redeem the Class A shares.
The corporate mentioned within the letter that “the exuberance within the SPAC market within the months following the launch of GO, and the next speedy reversal in sentiment, made it very difficult to consummate a deal at a valuation and on phrases we felt aligned the pursuits of purchaser and vendor.”
GO Acquisition, based by Noam Gottesman and Greg O’Hara, was targeted on travel-related companies.
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