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Pershing Square Tontine Holdings, Ltd. Will Redeem Its Public Shares and Will Not Consummate an Initial Business Combination

Pershing Square Tontine Holdings, Ltd. (the "Company") (NYSE:PSTH, PSTH.WS))), a special purpose acquisition company, today announced that it will redeem all of its outstanding shares of Class A common stock (the "public shares"), effective as of July 2