FORT LAUDERDALE, Fla.,
Oct. 7, 2021 /PRNewswire/ --Crixus
BH3 Acquisition Company (the "Company"), a blank check company
formed for the purpose of entering into a combination with one or
more businesses or entities, announced today the closing of its
initial public offering of 23,000,000 units, which includes
3,000,000 units issued pursuant to the full exercise by the
underwriters of their over-allotment option, at a price of
$10.00 per unit. The units have been
listed on the Nasdaq Global Market (the "Nasdaq") and have
started trading under the ticker symbol "BHACU." Each unit issued
in the offering consists of one share of the Company's Class A
common stock and one-half of one redeemable warrant of the Company.
Each whole warrant entitles the holder thereof to purchase one
share of the Company's Class A common stock at a price of
$11.50 per share, subject to
adjustment. Once the securities comprising the units begin separate
trading, the Class A common stock and warrants are expected to be
listed on Nasdaq under the symbols "BHAC" and "BHACW,"
respectively.
Guggenheim Securities, LLC and BTIG, LLC are acting as the joint
bookrunners for the offering.
The offering is being made only by means of a prospectus. Copies
of the prospectus may be obtained for free by visiting EDGAR on the
Securities and Exchange Commission ("SEC")'s website
at www.sec.gov. Alternatively, copies of the prospectus may be
obtained, when available, from Guggenheim Securities, LLC, Attn:
Equity Syndicate, telephone: (212) 518-9544 or
email: GSEquityProspectusDelivery@guggenheimpartners.com or
BTIG, LLC, 65 East 55th Street, New York,
New York 10022, or email: ProspectusDelivery@btig.com.
Crixus BH3 Acquisition Company, led by Co-CEOs Gregory Freedman and Daniel Lebensohn, is incorporated as a
Delaware corporation for the
purpose of effecting a merger, capital stock exchange, asset
acquisition, stock purchase, reorganization or similar business
combination with a target company that derives a significant
portion of its revenues from real estate, construction, and
infrastructure related activities. For more information about
Crixus BH3 Acquisition Company: www.bh3ac.com.
A registration statement relating to these securities has been
declared effective by the Securities and Exchange Commission
("SEC") on October 4, 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
proposed initial public offering and the anticipated use of the net
proceeds. No assurance can be given that the offering discussed
above will be completed on the terms described, or at all, or that
the net proceeds of the offering will be used as indicated.
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 preliminary prospectus for the Company's 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.
For more information, please contact:
BHAC Investor
Relations
investorrelations@bh3ac.com
(954) 416-3140
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SOURCE Crixus BH3 Acquisition Company