RedBall Acquisition Corp. Announces Redemption of Public Shares and Subsequent Dissolution

NEW YORK, July 29, 2022 (GLOBE NEWSWIRE) -- RedBall Acquisition Corp. (the “Company”) (NYSE: RBACU; RBAC; RBACW) today announced that it will redeem all of its outstanding ordinary shares that were included in the units issued in its initial public offering (the “public shares”), effective as of the close of business on August 17, 2022, as the Company will not consummate an initial business combination on or prior to August 17, 2022.