Pershing Square Tontine Holdings Ltd - Ordinary Shares - Class A

NYSE:PSTH  
19.69
+0.01 (+0.05%)
Regulatory, Equity Financing / Related, Initial Public Offerings

Ackman Says Recent Lawsuit May Have "Chilling Effect" On Ability Of Other SPACS To Consummate Mergers

Published: 08/20/2021 00:53 GMT
Pershing Square Tontine Holdings Ltd - Ordinary Shares - Class A (PSTH) - Bill Ackman, on Recent Lawsuit, Says Believe Its Meritless; Nature of Suit and Legal System Make It Unlikely That It Can Be Resolved in Short Term.
Bill Ackman Says Intend to Seek Shareholder Approval to Return Psth’s Cash in Trust If and When Sparc is Approved by the Sec.
Ackman Says Lawsuit May Have Chilling Effect on Ability of Other Spacs to Consummate Mergers,to Engage in Ipos Unl Litigation is Resolved in Psth's Favour.
Ackman Says Have Spoken Extensively With the Nyse About the Necessary Rule Change to Allow the Sparc Warrants to Trade on the Exchange.
Further Company Coverage: Psh.
As.
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