NEW
YORK, Nov. 30, 2023 /PRNewswire/ -- Global
Lights Acquisition Corp (the "Company") (Nasdaq: GLACU), a blank check company, announced on November
29 that, commencing on December 4, 2023, holders of the 6,900,000 units
(the "Units") sold in the Company's initial public offering (the
"Offering") including Units sold upon a full exercise of the
underwriters' over-allotment option, may elect to separately trade
the ordinary shares and rights included in the Units. Any Units not
separated will continue to trade on the NASDAQ Capital Market
("NASDAQ") under the symbol "GLACU." Any underlying ordinary shares
and rights that are separated will trade on the NASDAQ under the
symbols "GLAC" and "GLACR," respectively. Holders of Units will
need to have their brokers contact the Company's transfer agent,
Continental Stock Transfer & Trust Company, in order to
separate the holders' Units into ordinary shares and rights.
The Units were initially offered by the Company in an
underwritten offering. Chardan Capital Markets, LLC ("Chardan")
acted as sole book-running manager of the Offering. A registration
statement on Form S-1 (File No. 333-274645) relating to these
securities was declared effective by the Securities and Exchange
Commission (the "SEC") on November 13,
2023. The Offering was made only by means of a prospectus,
copies of which may be obtained from Chardan, 17 State Street,
Suite 2130 New York, NY 10004 or
by visiting EDGAR on the SEC's website at www.sec.gov.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Global Lights Acquisition Corp
The Company is a blank check company incorporated in the
Cayman Islands for the purpose of
acquiring, engaging in a share exchange, share reconstruction and
amalgamation with, purchasing all or substantially all of the
assets of, entering into contractual arrangements with, or engaging
in any other similar business combination with one or more
businesses or entities.
While the Company may pursue an acquisition or a business
combination target in any business, industry or geography, the
Company intends to focus its search on a target that provides
solutions promoting sustainable development and focuses on
environmentally sound infrastructure and industrial applications
that eliminate or mitigate greenhouse gas emissions, and/or enhance
resilience to climate change.
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements" that involve risks and uncertainties.
Forward-looking statements are subject to numerous conditions, many
of which are beyond the control of Global Lights Acquisition Corp,
including those set forth in the Risk Factors section of Global
Lights Acquisition Corp's registration statement and prospectus for
the Offering filed with the SEC. Copies are available on the SEC's
website, www.sec.gov. Global Lights Acquisition Corp undertakes no
obligation to update these statements for revisions or changes
after the date of this release, except as required by law.
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SOURCE Global Lights Acquisition Corp
