MIAMI, Dec. 27,
2022 /PRNewswire/ -- DILA Capital Acquisition Corp
(the "Company") (Nasdaq: DILAU, DILA, DILAW), a special purpose
acquisition company, previously announced that it intends to
dissolve and liquidate in accordance with its Amended and Restated
Certificate of Incorporation, as amended (the "Certificate of
Incorporation"), including the redemption of all of its outstanding
shares of Class A common stock (the "public shares") that were
included in the units issued in its initial public offering on
December 22, 2022 (the "Redemption
Date") because the Company will not be able to consummate an
initial business combination within the time period required by its
Certificate of Incorporation.
The Company today announced that its trust account established
in connection with the Company's initial public offering has been
liquidated and that 5,829,980 of the Company's public shares were
submitted to the Company's transfer agent, Continental Stock
Transfer & Trust Company, and were redeemed on December 27, 2022 at a price of approximately
$10.04 per share.
Trading of the Company's public shares on the Nasdaq Stock
Market LLC ("Nasdaq") were suspended for the close of business on
December 22, 2022 and Nasdaq filed
with the Securities and Exchange Commission (the "SEC") on
December 22, 2022 a Form 25 to delist
the Company's securities from Nasdaq. The Company thereafter
expects to file a Form 15 with the SEC to terminate the
registration of its securities under the Securities Exchange Act of
1934, as amended. The Company's securities will not be listed or
registered on another national exchange or on a quotation
medium.
About DILA Capital Acquisition Corp
DILA Capital Acquisition Corp is a blank check company
incorporated for the purpose of effecting a merger, capital stock
exchange, asset acquisition, stock purchase, reorganization or
similar business combination with one or more businesses or
entities.
Forward-Looking Statements
This press release includes "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. When used in this press release, the words "could,"
"should," "will," "may," "believe," "anticipate," "intend,"
"estimate," "expect," "project," the negative of such terms and
other similar expressions are intended to identify forward-looking
statements, although not all forward-looking statements contain
such identifying words. Such forward-looking statements are based
on current information and expectations, forecasts and assumptions,
and involve a number of judgments, risks and uncertainties.
Accordingly, forward-looking statements should not be relied upon
as representing the Company's views as of any subsequent date, and
the
Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after
the date they were made, whether as a result of new information,
future events or otherwise, except as may be required under
applicable securities laws. You should not place undue reliance on
these forward-looking statements. As a result of a number of known
and unknown risks and uncertainties, actual results or performance
may be materially different from those expressed or implied by
these forward-looking statements.
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SOURCE DILA Capital Acquisition Corp.
