Prospector Capital Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing on or about M...
February 25 2021 - 4:15PM
Prospector Capital Corp. (the “Company”) announced today that
holders of the units sold in the Company’s initial public offering
of 32,500,000 units completed on January 12, 2021 (the “offering”)
may elect to separately trade the Class A ordinary shares and
warrants included in the units commencing on or about March 1,
2021. Any units not separated will continue to trade on the Nasdaq
Capital Market (the “Nasdaq”) under the symbol “PRSRU”, and each of
the Class A ordinary shares and warrants will separately trade on
the Nasdaq under the symbols “PRSR” and “PRSRW,” respectively. No
fractional warrants will be issued upon separation of the units and
only whole warrants will trade. 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 Class A ordinary shares and warrants.
About Prospector Capital
Corp.
Prospector Capital Corp. is a blank check
company whose business purpose is to effect a merger, share
exchange, asset acquisition, share purchase, reorganization or
similar business combination with one or more businesses. While the
Company may pursue an initial business combination with a company
in any sector or geography, the Company intends to focus its search
on companies with advanced and highly differentiated solutions for
the technology sector.
A registration statement relating to these
securities was declared effective by the U.S. Securities and
Exchange Commission (the “SEC”) on January 7, 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 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.
The offering was made only by means of a
prospectus. Copies of the prospectus relating to the offering may
be obtained from Goldman Sachs & Co. LLC, 200 West Street, New
York, NY 10282, Attn: Prospectus Department, by telephone at
866-471-2526 or by emailing prospectus-ny@ny.email.gs.com.
Forward-Looking Statements
This press release contains statements that
constitute “forward-looking statements,” including with respect to
the initial public offering and search for an initial business
combination. 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 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.
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Investor ContactDerek AberleProspector Capital
Corp.(858) 480-9390
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