No it means about $10 will be paid for the shares, however until this is done the short situation continues as it is now.
should be cancelled on August 30, once cancelled lots of brokerages stop charging. Was also stuck on OCEA with cobra and they stopped it after the cancellation.
August 31st it’s finally being delisted and liquidated. “EdtechX Holdings Acquisition Corp. II (EDTX/W/U) has announced it will redeem its public shares and will not consummate an initial business combination. As of the close of business on August 31, 2023, the public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount. The details are as follows: Company Name & Issue Type: EdtechX Holdings Acquisition Corp. II Class A Common Stock CUSIP#: 28139A102 Symbol: EDTX Last Trading Date: August 31, 2023 Marketplace Effective Date for Suspension: September 1, 2023 Redemption rate: Approximately $10.34 per Class A Common Stock Company Name & Issue Type: EdtechX Holdings Acquisition Corp. II Warrant CUSIP#: 28139A110 Symbol: EDTXW Last Trading Date: August 31, 2023 Marketplace Effective Date for Suspension: September 1, 2023 Redemption rate: There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless. Company Name & Issue Type: EdtechX Holdings Acquisition Corp. II Unit CUSIP#: 28139A201 Symbol: EDTXU Last Trading Date: August 31, 2023 Marketplace Effective Date for Suspension: September 1, 2023 Redemption rate: Approximately $10.34 per Class A Common Stock
Dude, it's over. Your shares are null, they no longer exist. You have nothing to trade with anybody else. See the above post and speak to your broker about how to claim your right to redemption value.