SDCL EDGE Corp. Reworks Merger Terms, Extends Deadline

SDCL EDGE Acquisition Corp. Class A (SEDA) has shared an update.

SDCL EDGE Acquisition Corporation’s (SEDA) business combination agreement with various parties, including Specialty Copper Listco Plc and several German entities, has been terminated but the parties remain committed to pursuing the merger. The termination allows for renegotiation of terms based on market feedback. Details of the revised agreement will be shared with investors if confirmed. SEDA has also extended the deadline to complete the initial business combination to November 2024. Meanwhile, investors are advised to read the proxy statement/prospectus filed with the SEC for important information about the proposed business combination.

For detailed information about SEDA stock, go to TipRanks’ Stock Analysis page.