NEW YORK, April 24, 2023 /PRNewswire/ -- 7 Acquisition Corporation (the "Company") (Nasdaq:SVNA), a special purpose acquisition company, today announced that it will redeem all of its outstanding Class A ordinary shares, par value $0.0001 previously issued to the public (the "Public Shares"), with such redemption anticipated to be effective as of the close of business on May 10, 2023, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of Association (the "Articles").
Read more at prnewswire.com7 Acquisition Corporation will redeem its Public Shares and will not consummate an initial business combination
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