Item 8.01 Other Events.
The following is provided to update the disclosure included in Item 8.01 of the
8-K filed by Juniper II Corp., a Delaware corporation (the "Company"), with the
Securities and Exchange Commission on May 3, 2023.
In connection with the Company's special meeting in lieu of annual meeting of
stockholders held on May 2, 2023, holders of 25,127,993 shares of Class A common
stock, par value $0.0001 per share elected to redeem their shares for cash.
After giving effect to the withdrawal of interest accrued on the trust account
to pay franchise and income taxes owed by the Company, the final redemption
price was approximately $10.41 per share, for an aggregate redemption amount of
$261,747,751.11. As a result, a balance of approximately $49.7 million remains
in the trust account following the redemptions.
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