Signal Hill Acquisition Corp. Announces Liquidation

May 22, 2023

WILMINGTON, Del., May 22, 2023 (GLOBE NEWSWIRE) -- Signal Hill Acquisition Corp. (NASDAQ: SGHL) (the “Company”) announced today that, due to its anticipated inability to consummate an initial business combination within the time period required by its Second Amended and Restated Certificate of Incorporation, the Company intends to dissolve and liquidate in accordance with the provisions of its Second Amended and Restated Certificate of Incorporation and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering (the “Public Shares”), at a per-share redemption price of approximately $10.43.

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