Benessere Capital Acquisition Corp. Announces Separate Trading of its Class A Common Stock, Rights and Warrants, Commencing J...
January 27 2021 - 7:05PM
Benessere Capital Acquisition Corp. (Nasdaq:BENEU) (the “Company”)
announced today that, commencing January 28, 2021, holders of the
11,500,000 units sold in the Company’s initial public offering may
elect to separately trade shares of the Company’s Class A common
stock, rights and warrants included in the units. The shares of
Class A common stock and warrants that are separated will trade on
The Nasdaq Capital Market (“Nasdaq”) under the symbols “BENE” and
“BENEW”, respectively. No fractional warrants will be issued upon
separation of the units and only whole warrants will trade. Those
units not separated will continue to trade on Nasdaq under the
symbol “BENEU.” Holders of units will need to have their brokers
contact Continental Stock Transfer & Trust Company, the
Company’s transfer agent, in order to separate the units into
shares of Class A common stock and warrants.
A registration statement relating to these
securities has been filed with the Securities and Exchange
Commission (“SEC”) and was declared effective on January 4, 2021.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of the
units and the underlying securities in any state or jurisdiction in
which such an offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any
such state or jurisdiction.
The offering was made only by means of a
prospectus. Copies of the prospectus may be obtained, when
available, from Kingswood Capital Markets, division of Benchmark
Investments, Inc., Attn: Syndicate Department, 17 Battery Place,
Suite 625, New York, New York 10004, by telephone at (212)
404-7002, by fax at (646) 861-4697, or by email at
syndicate@kingswoodcm.com.
The Company is a blank check company formed for
the purpose of effecting a merger, capital stock exchange, asset
acquisition, stock purchase, reorganization or similar business
combination with one or more businesses. While the Company may
pursue an initial business combination target in any business or
industry, it intends to focus its search on technology-focused
middle market and emerging growth companies in North, Central and
South America. The Company is led by Chairman and Chief Executive
Officer, Patrick Orlando, Chief Financial Officer, Francisco O.
Flores, and Chief Operating Officer, Guillermo Cruz. The Company’s
sponsor is ARC Global Investments LLC.
FORWARD-LOOKING STATEMENTS
This press release contains statements that
constitute “forward-looking statements.” Forward-looking statements
are subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the Risk
Factors section of the Company’s registration statement and final
prospectus for the initial public offering filed with the SEC.
Copies are available on the SEC’s website, www.sec.gov. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by
law.
CONTACT
Patrick OrlandoBenessere Capital Acquisition Corp.(561)
467-5200
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