First Reserve Sustainable Growth Corp. Announces Redemption of Public Shares and Subsequent Dissolution

Provided By PR Newswire

Last update: Mar 6, 2023

STAMFORD, Conn. and HOUSTON, March 6, 2023 /PRNewswire/ -- First Reserve Sustainable Growth Corp. (the "Company") (NASDAQ: FRSG, FRSGU, FRSGW) today announced that it will redeem all outstanding shares of its Class A common stock sold as part of the units in the Company's initial public offering, regardless of whether they were purchased in the initial public offering or thereafter in the open market (the "public shares"), effective as of the close of business on March 10, 2023, as the Company will not consummate an initial business combination within the time period required by its amended and restated certificate of incorporation (the "Charter").