NEW YORK, Oct. 1, 2021 /PRNewswire/ -- AxonPrime
Infrastructure Acquisition Corporation (NASDAQ: APMIU) (the
"Company") announced today that holders of the units sold in the
Company's initial public offering of 15,000,000 units completed on
August 17, 2021, may elect to
separately trade the shares of Class A common stock and redeemable
warrants, which entitle the holder of such whole redeemable warrant
to purchase one share of Class A common stock, included in the
units. Those units not separated will continue to trade on The
Nasdaq Capital Market ("Nasdaq") under the symbol "APMIU," and the
shares of Class A common stock and redeemable warrants that are
separated will trade on Nasdaq under the symbols "APMI" and
"APMIW," 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 Computershare
Trust Company, N.A., the Company's transfer agent, in order to
separate the units into shares of Class A common stock and
redeemable warrants.
The Company is a blank check company whose business purpose is
to effect a merger, capital stock exchange, asset acquisition,
stock purchase, reorganization or similar business combination with
one or more businesses. While the Company may pursue an initial
business combination in any business or industry, the Company
intends to focus its search on potential targets that are
developing breakthrough scientific and technological innovations in
the areas of communication, robotics, building and construction
technology, water, 3D printing, and semiconductors.
The units were initially offered by the Company in the Company's
underwritten initial public offering. Morgan Stanley acted as the
sole book-runner for the offering.
The offering was made only by means of a prospectus. Copies of
the prospectus relating to the offering may be obtained from the
Securities and Exchange Commission (the "SEC") website
http://www.sec.gov; or from Morgan Stanley, Attn: Prospectus
Department, 180 Varick Street, 2nd Floor, New York, New York 10014, Email:
prospectus@morganstanley.com.
A registration statement relating to the securities was declared
effective by the SEC on August 12,
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.
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the search
for an initial business combination. These forward-looking
statements involve a number of risks, uncertainties (some of which
are beyond the Company's control) or other assumptions, and actual
results, events or performance may be materially different from
those expressed or implied by these forward-looking statements.
Factors that could cause or contribute to actual results, events or
performance differing from such forward-looking statements include,
but are not limited to, those set forth in the Risk Factors section
of the Company's final prospectus and 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
does not undertake to update, and expressly disclaims any
obligation to update, these statements after the date of this
release, whether as a result of circumstances or events that arise
after the date they are made, new information, or otherwise, except
as required by law.
Contact
Jon Layman
Chief Financial Officer, Chief Operating Officer and Director
AxonPrime Infrastructure Acquisition Corporation
AxonPrime@axonprimespac.com
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SOURCE AxonPrime Infrastructure Acquisition Corporation