Colonnade Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares & Warrants, Commencing on or about ...
October 06 2020 - 5:45AM
Business Wire
Colonnade Acquisition Corp. (NYSE: CLA.U) (the “Company”)
announced that holders of the units sold in the Company’s initial
public offering of 20,000,000 units completed on August 25, 2020
(the “offering”) may elect to separately trade the Class A ordinary
shares and warrants included in the units commencing on or about
October 9, 2020. Any units not separated will continue to trade on
The New York Stock Exchange under the symbol “CLA.U”, and each of
the Class A ordinary shares and warrants will separately trade on
The New York Stock Exchange under the symbols “CLA” and “CLA WS,”
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.
Colonnade Acquisition Corp. is a blank check company
incorporated for the purpose of effecting 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 target in any business
or industry, the Company intends to focus on the natural resources,
energy, real estate and agricultural industries.
A registration statement relating to these securities was
declared effective by the U.S. Securities and Exchange Commission
(the “SEC”) on August 20, 2020. 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 this offering may be obtained from BTIG,
LLC, 65 East 55th Street, New York, NY 10022, email:
equitycapitalmarkets@btig.com.
Cautionary Note Concerning Forward-Looking Statements
This press release contains statements that constitute
“forward-looking statements,” including with respect to the
Company’s 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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version on businesswire.com: https://www.businesswire.com/news/home/20201006005370/en/
Joseph S. Sambuco, Chairman of the Board of Directors (561)
712-7860
Colonnade Acquisition (NYSE:CLA.U)
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