DHC Acquisition Corp. Unit (DHCAU)

The big shareholder groups in DHC Acquisition Corp. ( NASDAQ:DHCA ) have power over the company. Insiders often own a...

(Bloomberg) -- FreeWire Technologies Inc., an electric-vehicle charging and power startup, is in talks to go public through a merger with DHC Acquisition Corp., a blank-check firm, according to people with knowledge of the matter.DHC is discussing raising new equity to support a transaction, which is slated to value the combined entity at more than $1 billion, one of the people said. As with all deals that aren’t finalized, terms could change and it’s possible talks could fall apart.Representati

DHC Acquisition Corp. (the “Company”) announced today it received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that as a result of the Company’s failure to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2021 (the “Quarterly Report”), the Company no longer complies with the continued listing requirements set forth in Section 5250(c)(1) of The Nasdaq Stock Market LLC Rules.

DHC Acquisition Corp. (Nasdaq: DHCAU) (the “Company”) announced today that, commencing April 22, 2021, holders of the units sold in the Company’s initial public offering of 300,000,000 units, completed on March 4, 2021, may elect to separately trade the Class A ordinary shares and warrants included in the units. Those units not separated will continue to trade on The Nasdaq Stock Market LLC (“Nasdaq”) under the symbol “DHCAU,” and the Class A ordinary shares and warrants that are separated will trade on the Nasdaq under the symbols “DHCA” and “DHCAW,” respectively. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into Class A ordinary shares and warrants. No fractional warrants will be issued.