Software Acquisition Group Inc. II Announces Separate Trading of its Class A Common Stock and Warrants, Commencing October 6,...
05 Outubro 2020 - 5:00PM
Software Acquisition Group Inc. II (NASDAQ: SAIIU) (the “Company”)
announced today that, commencing October 6, 2020, holders of the
17,250,000 units sold in the Company’s initial public offering may
elect to separately trade shares of the Company’s Class A common
stock and warrants included in the units. Class A common stock and
warrants that are separated will trade on The Nasdaq Capital Market
under the symbols “SAII” and “SAIIW”, 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 Capital Markets under the symbol “SAIIU.”
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 shares of Class
A common stock and warrants.
A registration statement relating to these
securities has been filed with the Securities and Exchange
Commission and declared effective on September 14, 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.
The Company is a blank check company formed for
the purpose of effecting 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 business or
industry, it intends to focus its search on software companies,
especially those targeting enterprise vertical sectors owned by
private equity and venture capital firms as well as corporate
carve-outs. The Company is led by Chairman and Chief Executive
Officer, Jonathan Huberman, and Vice President of Acquisitions,
Mike Nikzad. In addition to Messrs. Huberman and Nikzad, the
Board of Directors includes Andrew Nikou, Stephanie Davis, Peter
Diamandis, Steven Guggenheimer and Matt Olton.
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 final
prospectus for the offering filed with the Securities and Exchange
Commission (“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
Jonathan
Huberman
Chief Executive Officer Software Acquisition Group Inc. II
jon@softwareaqn.com | 310.991.4982
Software Acquisition Gro... (NASDAQ:SAIIU)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Software Acquisition Gro... (NASDAQ:SAIIU)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024
Notícias em tempo-real sobre Software Acquisition Group Inc II da NASDAQ bolsa de valores: 0 artigos recentes
Mais Notícias de