Northern Star Investment Corp. II to liquidate trust account

Northern Star Investment Corp. II “announced that, because it will not be able to consummate an initial business combination as described in the Company’s amended and restated certificate of incorporation by the current January 28, 2024 deadline, it has determined to commence the process of liquidating the trust account established in connection with the Company’s initial public offering and distributing funds to holders of the Company’s shares of Class A Common Stock sold in the IPO. Additionally, as the Company has not consummated an initial business combination by the January 28, 2024 deadline, the Company expects the NYSE American to take delisting action with regard to the Company’s securities. The Company has further determined to continue its corporate existence following the distribution of funds in the trust account in an effort to acquire a business or entity.”