Soaring Eagle Acquisition Corp.to Redeem Public Shares Following deal Termination
NEW YORK (AP) — Soaring Eagle Acquisition Corp., a special purpose acquisition company (SPAC), announced it will redeem all of its outstanding Class A ordinary shares, effective July 17, following the termination of its previously announced business combination. The redemption price is approximately $10.77 per share.
Redemption Details and Timeline
The redemption applies to shares issued as part of the company’s initial public offering. Shareholders of record at the close of business on July 16 will be entitled to receive the redemption payment. The shares will cease trading on the Nasdaq Global Select Market at the close of business on July 12 and will be delisted effective July 15.
SPAC’s Liquidation Prompted by Deal’s Collapse
Soaring Eagle’s liquidation stems from the failure to finalize a merger with an unnamed target company. SPACs are formed to raise capital through an IPO for the purpose of acquiring an existing company, typically within a specific timeframe. When a deal falls through and the SPAC cannot find another suitable target, the funds are returned to investors.
Advisors Involved in the Process
goldman Sachs & Co. LLC served as the financial advisor to Soaring Eagle Acquisition Corp. in connection with the terminated business combination agreement.Legal counsel was provided by Kirkland & Ellis LLP.
Future of Soaring Eagle Management Team
The future plans of the Soaring Eagle Acquisition Corp. management team remain unclear following the liquidation of the SPAC.Details regarding potential new ventures or roles for the team members have not been disclosed.
Online Scams Targeting Job Seekers Surge: How to Protect Yourself
Job seekers are increasingly becoming targets of sophisticated online scams, with fraudsters leveraging economic uncertainty to exploit vulnerable individuals. Thes schemes often involve fake job postings, requests for sensitive personal data, and demands for upfront payments.
Fake Job Postings Lure Unsuspecting Candidates
Scammers are posting fraudulent job advertisements on legitimate job boards and social media platforms. These postings often mimic real companies but are designed to collect personal data or solicit money from applicants. Victims may be asked to complete detailed applications, participate in bogus interviews, or even undergo fake background checks, all designed to extract valuable information.
Red Flags: Spotting a Scam Before it’s To Late
Experts advise job seekers to be wary of opportunities that seem too good to be true.Look for these telltale signs of a scam:
- Requests for Upfront Payments: Legitimate employers almost never ask candidates to pay for training, equipment, or background checks before being hired.
- unprofessional Communication: Be suspicious of emails or messages with poor grammar, spelling errors, or generic greetings.
- Requests for Sensitive Information: Scammers often ask for Social Security numbers, bank account details, or other highly personal information early in the hiring process.
- Interviews Conducted Solely via Text: Reputable companies typically conduct at least one phone or video interview.
- Job Offers Without a Formal Interview: Be skeptical of job offers extended without a thorough interview process.
Protecting Yourself: Tips for a Safe Job Search
to minimize the risk of falling victim to a job scam, consider these preventative measures:
- Research the Company: Verify the legitimacy of the company by checking its website, social media profiles, and reviews.
- Apply Directly: When possible, apply for jobs directly through the company’s website rather than through third-party job boards.
- Protect Your Personal Information: Be cautious about sharing sensitive data online.Only provide information that is absolutely necessary for the submission process.
- Trust Your Gut: If something feels off about a job posting or communication, trust your instincts and proceed with caution.
- Report Suspicious Activity: Alert the job board or platform where you saw the posting and file a report with the federal Trade Commission (FTC).
The Cost of Deception: Impact on job Seekers
Falling victim to a job scam can have devastating consequences, including financial loss, identity theft, and emotional distress. Job seekers are urged to remain vigilant and to report any suspicious job postings or communications to the appropriate authorities.
De Jong Stuns Davidovich at Italian Open After Lucky Loser Entry
ROME (AP) — Jesper de Jong, a Dutch player ranked No. 93 in the world, delivered a stunning performance at the italian open on saturday, defeating Alejandro davidovich in a decisive 6-0, 6-2 victory. The match lasted just over an hour, handing Davidovich one of the most lopsided losses of his career.
Lucky Loser’s Unexpected Triumph
De Jong’s appearance in the main draw was itself a stroke of luck. After losing in the final qualifying round to Brazil’s Thiago Seyboth Wild with a score of 7-6(5), 6-4, he was one of three players reinstated into the tournament due to a series of withdrawals. He seized the opportunity, first defeating Alexander Shevchenko 6-2, 6-4 in the first round before dominating Davidovich.
Davidovich’s Dismal Performance
Davidovich, ranked no. 26 in the world, struggled significantly throughout the match. The first set lasted less than 30 minutes, during which he lost all of his service games and failed to convert any of his three break point opportunities. Despite a brief resurgence in the second set where he broke de Jong’s serve, Davidovich immediately surrendered his own serve three consecutive times, sealing his fate.
Contrast to madrid Performance
this defeat comes after Davidovich’s respectable showing in Madrid, where he pushed Alexander Zverev to a third-set tiebreak. However, against de Jong, he was unable to mount a similar challenge, leading to a swift and decisive loss.
De Jong Advances to Third Round; Davidovich Eliminated at Italian Open
ROME (AP) — In a day of mixed fortunes for spanish players at the Italian Open, Dutchman Jesper De Jong advanced to the third round while Alejandro Davidovich was eliminated.
De Jong Set to Face Sinner-Navone Winner
de Jong is scheduled to compete in the third round against the winner of the match between world No. 1 Jannik Sinner and Argentina’s Mariano Navone, ranked No. 99. De Jong has shown consistent and accurate performance throughout 2025.
Davidovich Falls in Second Round
Davidovich’s loss makes him the third Spanish player to fall in the second round. Roberto bautista lost to American Tommy Paul, and Pedro Martínez was defeated by Poland’s Hubert Hurkacz.
Munar Still to Play; Alcaraz Advances
Jaume Munar is still to play his second-round match. carlos Alcaraz has already advanced to the third round after defeating Dusan Lajovic of Serbia.
What should investors do with their Soaring Eagle Acquisition Corp. shares now?
Soaring Eagle Acquisition Corp. & Job Scam Insights: A Q&A
This Q&A delves into the key takeaways from the Soaring Eagle Acquisition Corp. liquidation and the surge in online job scams, offering insights and actionable advice.
Soaring Eagle Acquisition Corp. – What You Need to Know
What is a SPAC and why did Soaring Eagle liquidate?
A SPAC (Special Purpose Acquisition Company) is a publicly traded company formed to acquire an existing private company. Soaring Eagle’s liquidation happened as its planned merger deal fell through, and it couldn’t find another suitable acquisition target within its timeframe. This resulted in the return of funds to investors.
How much will investors receive, and when can they expect the payment?
Investors will receive approximately $10.77 per share. The shares ceased trading on July 12th, and the redemption payment was effective July 17th, 2024, for shareholders of record on July 16th. Investors should have received this payment around this timeframe.
What happens to the Soaring Eagle management team?
The future plans of the Soaring Eagle Acquisition Corp. management team were not disclosed in the article. They may pursue new ventures or take on different roles. Follow financial news outlets for any updates.
Job Scams: Staying Safe in Your job Search
What are the most common red flags of a job scam?
Be wary of: requests for upfront payments for training or equipment, unprofessional communication with grammer errors, requests for sensitive personal data early in the process, interviews solely via text, and job offers without a thorough interview process. Always trust your instincts.
What should I do if I suspect a job posting is a scam?
Research the company (website, social media, reviews), apply directly through the company’s website if possible, protect your personal information, trust your gut feeling, and report the suspicious activity to the job board or platform where you saw the posting, and file a report with the Federal Trade Commission (FTC).
What are the potential consequences of falling victim to a job scam?
Consequences can be severe, including financial loss, identity theft, and emotional distress.Scammers target job seekers to exploit their vulnerabilities.
Davidovich’s Italian Open Defeat: Tennis Talk
Who is Jesper de Jong, and how did he get into the Italian Open?
Jesper de Jong is a Dutch tennis player. He entered the main draw as a “lucky loser” after losing in the final qualifying round, due to several withdrawals of other players.
What was so surprising about de Jong’s win over Davidovich?
The stunning score of 6-0, 6-2 against Davidovich, ranked No. 26, was unexpected especially after his respectable showing in Madrid.
Who is de Jong playing in the third round?
De Jong is scheduled to face the winner of the match between Jannik Sinner and Mariano Navone.
Stay informed, protect yourself, and stay vigilant in both your financial ventures and job searches. Knowledge is your best defense!
