DILA Capital Acquisition Corp., a special purpose acquisition company (SPAC), has liquidated its trust account established in connection with the company’s initial public offering.
Trading of the company’s public shares on the Nasdaq Stock Market LLC was suspended for the close of the business and Nasdaq filed with the Securities and Exchange Commission to delist the company’s securities from Nasdaq. The company’s securities will not be listed or registered on another national exchange.
5,829,980 of the company’s public shares were submitted to the company’s transfer agent, Continental Stock Transfer & Trust Co. The shares were redeemed on December 27, 2022 at a price of approximately $10.04 per share.