CF Acquisition Corp. VII

Form Type: 8-K

Filing Date: 2024-12-20

Corporate Action: Liquidation

Type: New

Accession Number: 000121390024111274

Comments: On December 16, 2024, CF Acquisition Corp. VII received a letter from Nasdaq stating that its securities will be delisted due to failure to complete a business combination by the deadline. The company will not appeal this determination but will liquidate and redeem its outstanding Public Shares. The Board has decided not to make the next $100,000 monthly deposit into the Trust Account, leading to the winding-up process commencing. Public Shares will be redeemed at approximately $11.41 each, with redemption amounts expected to be paid by December 31, 2024. There are no rights to redeem or liquidate for warrants, which will expire worthless. A Form 25 will be filed with the SEC to remove the company's securities from listing and registration.

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