DHB Capital Corp. Announces Separate Trading of its Class A Common Stock and Warrants, Commencing April 22, 2021
April 19 2021 - 4:15PM
DHB Capital Corp. (Nasdaq: DHBCU) (the “Company”) announced today
that, commencing April 22, 2021, holders of the 28,750,000 units
sold in the Company’s initial public offering may elect to
separately trade shares of the Company’s Class A common stock 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 “DHBC” and “DHBCW”,
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
“DHBCU.” 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 March 1, 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 initial public offering was made only by
means of a prospectus. Copies of the prospectus relating to the
offering may be obtained from BofA Securities, NC1-004-03-43, 200
North College Street, 3rd Floor, Charlotte, NC 28255-0001;
Attention: Prospectus Department; by telephone at 800-294-1322 or
by email at dg.prospectus_requests@bofa.com; and RBC Capital
Markets, LLC, 200 Vesey Street, 8th Floor, New York, NY 10281-8098;
Attention: Equity Syndicate; by telephone at 877-822-4089 or by
email at equityprospectus@rbccm.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 industry, it
currently intends to concentrate its efforts in identifying
businesses in the financial and business services industry, with a
focus on differentiated financial services and financial
services-adjacent platforms. The Company is led by Richard M.
DeMartini, Co-Executive Chairman, Robert J. Hurst, Co-Executive
Chairman, and Alex Binderow, Chief Executive Officer, President and
Director.
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
Alex BinderowChief Executive Officer and President DHB Capital
Corp. Tel: (646) 450-5664Email: abinderow@dhbcap.com
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