Priveterra Acquisition Corp. Announces Intention to Transfer to NYSE Upon Completion of Business Combination with AEON Biopharma, Inc.
July 11 2023 - 6:40PM
Business Wire
Priveterra Acquisition Corp. (Nasdaq: PMGM) (“Priveterra” and,
after the consummation of its pending business combination (the
“Business Combination”) and following its name change to AEON
Biopharma, Inc., “New AEON”) today announced that, upon the
Business Combination with AEON Biopharma, Inc, (“AEON”) following
which AEON will be a wholly owned subsidiary of Priveterra and
Priveterra will change its name to AEON Biopharma, Inc., New AEON
Common Stock will be listed on NYSE American LLC (“NYSE”). The
decision to list on NYSE was made in connection with the Business
Combination and enables the combined company to be listed alongside
other innovative companies that are also listed on NYSE.
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Trading is expected to begin on NYSE on or about July 24, 2023,
under the new ticker symbol “AEON” for the New AEON Common Stock
following the consummation of the Business Combination, which is
currently expected to occur on or about July 24, 2023, subject to
satisfaction or waiver of other customary closing conditions. Until
the Business Combination and transfer to NYSE is complete, the PMGM
Ordinary Shares, warrants, and units will continue to trade under
the ticker symbols “PMGM,” “PMGMW,” and “PMGMU,” respectively, on
the Nasdaq Stock Market LLC (“Nasdaq”). The last day of trading on
Nasdaq is expected to be on or about July 21, 2023.
No action is required by existing PMGM shareholders with respect
to the ticker symbol or exchange listing change.
About Priveterra Acquisition Corp.
Priveterra Acquisition Corp. (NASDAQ: PMGM) is a blank-check
company formed for the purpose of effecting a merger, share
exchange, asset acquisition, share purchase, reorganization, or
similar business combination with one or more businesses in life
sciences. Priveterra is sponsored by Robert Palmisano and
Priveterra Capital, LLC.
Forward-Looking Statements
This Current Report on Form 8-K includes “forward-looking
statements” within the meaning of the safe harbor provisions of the
United States Private Securities Litigation Reform Act of 1995.
Forward-looking statements generally relate to future events
involving, or future performance of, the Company or AEON. In some
cases, you can identify forward-looking statements by terminology
such as “pro forma”, “may”, “should”, “could”, “might”, “plan”,
“possible”, “project”, “strive”, “budget”, “forecast”, “expect”,
“intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”,
“potential” or “continue”, or the negatives of these terms or
variations of them or similar terminology. Such forward-looking
statements are subject to risks, uncertainties, and other factors
which could cause actual results to differ materially from those
expressed or implied by such forward-looking statements. These
forward-looking statements are based upon estimates and assumptions
that, while considered reasonable by the Company and its
management, and AEON and its management, as the case may be, are
inherently uncertain. Certain risks and uncertainties are set forth
in the section entitled “Risk Factors” and “Cautionary Note
Regarding Forward-Looking Statements” in the Company’s final
prospectus dated February 11, 2021, relating to its IPO and other
risks and uncertainties indicated from time to time in the
definitive proxy statement to be delivered to the Company’s
stockholders and related S-4 Registration Statement, including
those set forth under “Risk Factors” therein, and other documents
filed to be filed with the SEC by the Company.
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Investor Contact: Priveterra Acquisition Corp.
spac@priveterra.com
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