Cohn Robbins Holdings Corp. Announces the Separate Trading of its Class A Ordinary Shares and Redeemable Warrants Commencing ...
October 29 2020 - 4:35PM
Cohn Robbins Holdings Corp. (NYSE: CRHC.U) (the “Company”) today
announced that, commencing October 30, 2020, holders of the units
sold in the Company’s initial public offering of 72,000,000 units
completed on September 11, 2020, may elect to separately trade the
Class A ordinary shares and redeemable warrants included in the
units. Those units not separated will continue to trade on the New
York Stock Exchange (the “NYSE”) under the symbol “CRHC.U,” and the
Class A ordinary shares and redeemable warrants that are separated
will trade on the NYSE under the symbols “CRHC” and “CRHC 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 redeemable
warrants.
The Company 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.
The units were initially offered by the Company in an
underwritten offering. Credit Suisse Securities (USA) LLC acted as
the sole book-running manager in the offering.
The offering was made only by means of a prospectus, copies of
which may be obtained for free from the U.S. Securities and
Exchange Commission (the “SEC”) website at www.sec.gov or by
contacting Credit Suisse Securities (USA) LLC, Attn: Prospectus
Department, Eleven Madison Avenue, 3rd Floor, New York, NY 10010,
Telephone: 1-800-221-1037, Email:
usa.prospectus@credit-suisse.com.
Registration statements relating to the securities became
effective on September 8, 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.
Forward Looking Statements
This press release may include “forward-looking statements”
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. All statements other than statements of historical fact
included in this press release are forward-looking statements. When
used in this press release, words such as “anticipate,” “believe,”
“estimate,” “expect,” “intend” and similar expressions, as they
relate to us or our management team, identify forward-looking
statements. Such forward-looking statements are based on the
beliefs of management, as well as assumptions made by, and
information currently available to, the Company’s management.
Actual results could differ materially from those contemplated by
the forward-looking statements as a result of certain factors
detailed in the Company’s filings with the SEC. All subsequent
written or oral forward-looking statements attributable to us or
persons acting on our behalf are qualified in their entirety by
this paragraph. 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 prospectus relating to the
Company’s initial public offering filed with the SEC. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by
law.
Investor Contact:
Adam Weiner, Arrowpath
Advisors212-596-7700contact@arrowpath.com
Source: Cohn Robbins Holdings Corp.
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