New Vista Acquisition Price, Forecast, Insider, Ratings, Fundamentals & Signals

Chicago--(business wire)--new vista acquisition corp (nasdaq: nvsa) (“new vista” or the “company”) today announced that it has cancelled the extraordinary general meeting that was previously scheduled for 10:00 a.m., new york city time, on february 15, 2023, and is abandoning the proposals set forth in the company’s definitive proxy statement for the extraordinary general meeting filed with the u.s. securities and exchange commission (the “sec”). the company will not consummate an initial business combination by february 19, 2023—the deadline under its amended and restated memorandum and articles of association (the “charter”). therefore, following february 19, 2023, the company will proceed to redeem all of the class a ordinary shares, par value $0...

Chicago--(business wire)--new vista acquisition corp (nasdaq: nvsa) (“new vista” or the “company”) today announced that its previously announced extraordinary general meeting (the “shareholder meeting”) for the purpose of considering and voting on, among other proposals, a proposal to amend new vista’s amended and restated memorandum and articles of association (the “charter”) to extend the date by which new vista must consummate an initial business combination from february 19, 2023, to february 19, 2024 (the “extension proposal” and such extension, the “extension”), has been postponed from wednesday, february 10, 2023, at 10:00 a.m., new york city time, to wednesday, february 15, 2023, at 10:00 a...

Chicago--(business wire)--new vista acquisition corp (nasdaq: nvsa) (“new vista”) today announced that it has entered into a nonbinding letter of intent for a business combination with verijet holding company llc (“verijet”). verijet provides customers with private aviation services as the largest fleet operator of cirrus vision jets, operating 19 jets in the northeast, southeast and west coast. the cirrus vision jet, winner of the 2017 collier trophy “for the greatest achievement in aeronautics . . . in america,” is currently the only single-engine turbofan aircraft widely available in the private aviation marketplace. additionally, the cirrus vision jet has important safety features as a turbo-fan powered aircraft with a full aircraft parachute as well as garmin autoland (itself the winner of the 2020 collier trophy) which autonomously lands the plane with the push of a single button if a pilot is unable to fly, allowing it to be operated safely with a single pilot...

Chicago--(business wire)--on april 12, 2021, the acting director of the division of corporation finance and acting chief accountant of the u.s. securities and exchange commission (the “sec”) together issued a statement regarding the accounting and reporting considerations for warrants issued by special purpose acquisition companies entitled “staff statement on accounting and reporting considerations for warrants issued by special purpose acquisition companies (‘spacs’)” (the “sec staff statement”). as previously disclosed in the new vista acquisition corp (the “company”) (nasdaq: nvsa) notification of late filing on form 12b-25, filed with the sec on may 18, 2021, given the scope of the process for determining the appropriate accounting treatment of its outstanding warrants in accordance with the sec staff statement and accounting standards codification (“asc”) 815-40, derivatives and hedging: contracts in an entity’s own equity, the company was unable to complete and file its quarterly report on form 10-q for the fiscal quarter ended march 31, 2021 (the “form 10-q”) by the required due date without unreasonable effort and expense...