If you want to know who really controls Allegro Merger Corp. (NASDAQ:ALGR), then you'll have to look at the makeup of...
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before last year's Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the […]
Allegro Merger Corp. (NASDAQ: ALGR, ALGRU, ALGRR, and ALGRW) (“Allegro” or the “Company”) has commenced the process of dissolving and liquidating in accordance with the Company’s amended and restated certificate of incorporation (“Charter”). Pursuant to the Charter, all outstanding shares of the Company’s common stock that were included in the units sold in the Company’s initial public offering (the “Public Shares”) will be redeemed at a per share redemption price of approximately $10.30 per Public Share (the “Redemption Amount”).
Privately held TGIF Holdings, LLC (“TGIF” or “Fridays”) and Allegro Merger Corp. (NASDAQ: ALGR, ALGRU, ALGRR, and ALGRW) (“Allegro”) today jointly announced that Allegro’s Current Report on Form 8-K, which describes the business combination transaction between the parties that was announced on Friday, November 8, 2019 and includes as exhibits the merger agreement between the parties and the presentation to be used for the conference call to be held this morning, November 11, 2019, at 9 A.M. Eastern Standard Time, is currently available on Allegro’s website at www.allegromergercorp.com. The Current Report on Form 8-K was filed with the Securities and Exchange Commission (“Commission”) on Friday, November 8, 2019 after announcement of the transaction but has not yet been posted to the Commission’s website due to technical difficulties being experienced by the Commission and due to the Commission being closed today for Veteran’s Day.