Aries I Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares & Warrants, Commencing on July 9, 2021
08 Julho 2021 - 5:30PM
Business Wire
Aries I Acquisition Corporation (the “Company”) announced today
that holders of the units sold in the Company’s initial public
offering of 14,375,000 units completed on May 21, 2021 (the
“offering”) may elect to separately trade the Class A ordinary
shares and warrants included in the units commencing on July 9,
2021. Any units not separated will continue to trade on The Nasdaq
Stock Market LLC (“Nasdaq”) under the symbol “RAMMU”, and each of
the Class A ordinary shares and warrants will separately trade on
Nasdaq under the symbols “RAM” and “RAMMW,” 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.
About Aries I Acquisition Corporation
Aries I Acquisition Corporation was founded by its Chairman,
Thane Ritchie. 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 target in any industry or
geographic region, the Company intends to focus its initial
business combination search on the following industry segments:
aerospace, satellites, and space exploration; quantum computing and
chemistry; artificial intelligence and machine learning;
cybersecurity; and blockchain and digital currencies.
Randy Brinkley, CEO of Aries, said, “Aries is well positioned at
the intersection of several breakout technologies experiencing a
massive growth inflection. Our knowledge of markets and
technologies, our deep experience and relationships with key
decision makers, and our broad execution skills offer compelling
strategic differentiators beyond capital."
Mr. Brinkley formerly served as the President of Boeing
Satellites, and was the Program Director at NASA responsible for
the design, launch, and on-orbit assembly of the International
Space Station. He was also the Mission Director for the Space
Shuttle mission to rescue the Hubble telescope.
Mr. Brinkley notes, "Our commitment to maximizing the
possibilities for success and creating a viable entity capable of
achieving outsized growth and profitability resonates with both
investors and management teams seeking a long-term partner."
A registration statement relating to these securities was
declared effective by the U.S. Securities and Exchange Commission
(the “SEC”) on May 18, 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.
The offering was made only by means of a prospectus. Copies of
the prospectus relating to this offering may be obtained from Wells
Fargo Securities, LLC, Attention: Equity Syndicate Department, 500
West 33rd Street, New York, New York, 10001, by telephone at (800)
326-5897 or by email at cmclientsupport@wellsfargo.com; or from
Kingswood Capital Markets, division of Benchmark Investments, Inc.,
Attention: Syndicate Department, 17 Battery Place, Suite 625, New
York, New York 10004, by telephone at (212) 404-7002, by fax at
(646) 861-4697 or by email at syndicate@kingswoodcm.com.
Cautionary Note Concerning Forward-Looking Statements
This press release contains statements that constitute
“forward-looking statements,” including with respect to the initial
public offering and search for an initial business combination. No
assurance can be given that the 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 for the initial public
offering filed with the SEC, which is 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/20210708005909/en/
Sam Collins Aries I Acquisition Corporation
scollins@ariescorp.io (647) 964-9643
Aries I Acquisition (NASDAQ:RAMMU)
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