Bridgetown Holdings Limited Announces the Separate Trading of its Class A Ordinary Shares and Warrants
03 Dezembro 2020 - 6:27PM
Bridgetown Holdings Limited (the “Company”) announced today that,
commencing December 7, 2020, holders of the 59,499,351 units sold
in the Company’s initial public offering may elect to separately
trade the Company’s Class A ordinary shares and warrants
included in the units. Class A ordinary shares and warrants
that are separated will trade on the Nasdaq Stock Market LLC under
the symbols “BTWN” and “BTWNW,” respectively. No fractional
warrants will be issued upon separation of the units and only whole
warrants will trade. Those units not separated will continue to
trade on the Nasdaq Stock Market LLC under the symbol “BTWNU.”
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.
Bridgetown Holdings Limited 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 a business combination target in any business or
industry, the Company intends to focus on a target with operations
or prospective operations in the technology, financial services, or
media sectors in Southeast Asia. The Company is led by Chief
Executive Officer and Chief Financial Officer, Daniel Wong, and
Chairman Matt Danzeisen.
The units were initially offered by the Company in an
underwritten offering. UBS Investment Bank and BTIG, LLC acted as
the joint-book running managers for the offering. A registration
statement relating to these securities has been filed with, and
declared effective by, the Securities and Exchange Commission
(“SEC”) on October 15, 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 an offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
Cautionary Note Concerning Forward-Looking
Statements
This press release contains statements that constitute
“forward-looking statements.” 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 for the 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.
Contact Karin
Wong+852-9755-6265Karin.Wong@pcg-group.com
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