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    Sacramento city leaders approve adding 2 entertainment zones in midtown – CBS News

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    AMC brings first new Dolby Experience to Gwinnett since 2017 – Wyoming News Now

    AMC Launches First New Dolby Experience in Gwinnett Since 2017

    Hetzel Design: blending architecture and entertainment – Blooloop

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    Strictly Come Dancing results: Chris Robshaw is eliminated while drag queen La Voix escapes dance-off – Yahoo

    Strictly Come Dancing results: Chris Robshaw is eliminated while drag queen La Voix escapes dance-off – Yahoo

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    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

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    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

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    PAP Boss to Niger Delta Youths, Stay Away from the Protest

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    A look into new technology at Columbia University that could help prevent a dangerous pregnancy complication – ABC7 New York

    A look into new technology at Columbia University that could help prevent a dangerous pregnancy complication – ABC7 New York

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FlyExclusive stock drops in debut after completing merger with blank-check company

December 28, 2023
in Business
FlyExclusive stock drops in debut after completing merger with blank-check company
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FlyExclusive Inc.’s stock fell 43% on Thursday as the flight-charter company began trading under the symbol FLYX on the NYSE American exchange, after closing its merger with blank-check company EG Acquisition Corp.

The deal for FlyExclusive was initially announced on Oct. 17, 2022, with a pre-transaction equity value of $600 million at the time.

At last check, FlyExclusive’s market capitalization was $118 million, according to MarketWatch data.

FlyExclusive offers travelers fractional-ownership opportunities for light-, mid- and super-midsized jets, along with access to a fleet of nearly 100 aircraft.

EG Acquisition Corp.
EGGF
was sponsored by EnTrust Global and GMF Capital. The blank-check company was trading under the symbol EGGF until Thursday.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : MarketWatch – https://www.marketwatch.com/story/flyexclusive-stock-drops-in-debut-after-completing-merger-with-blank-check-company-f983f30b?mod=mw_rss_topstories

Tags: businessFlyExclusivestock
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