06/01/2026 | Press release | Distributed by Public on 06/01/2026 14:01
Item 8.01. Other Events.
On May 8, 2026, the board of directors of Corner Growth Acquisition Corp. 2 (the "Company") determined that it would not be possible for the Company to complete an initial business combination and therefore it would begin the process of liquidating and dissolving in accordance with the Company's amended and restated memorandum and articles of association and Cayman Islands law. In connection therewith, the Company will (i) cease all operations except for the purpose of winding up and (ii) as promptly as reasonably possible, redeem the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the trust account and not previously released to the Company (less up to $100,000 of interest to pay liquidation and dissolution expenses and which interest shall be net of taxes payable), divided by the number of then outstanding public shares, which redemption will completely extinguish public shareholders' rights as shareholders (including the right to receive further liquidation distributions, if any), subject in the case of clause (ii), to the Company's obligations under Cayman Islands law to provide for claims of creditors and in all cases subject to the other requirements of applicable law.
|
2 |