Bleuacacia to Liquidate Due to Inability to Complete Initial Business Combination

Dow Jones

2024-11-21

By Sabela Ojea

Bleuacacia said it is liquidating its operations, about three years after going public.

The special purpose acquisition company on Thursday said that the decision was driven by its inability to complete an initial business combination on time.

The company intends to liquidate and dissolve, effective as of Nov. 22.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

November 21, 2024 09:15 ET (14:15 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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