NorthView Acquisition Corp. Announces Upcoming Automatic Unit Separation
19 Janeiro 2022 - 6:05PM
NorthView Acquisition Corp. (NASDAQ: NVACU) (the “Company”)
announced today that, on January 21, 2022, the Company’s units will
no longer trade, and that the Company’s common stock, rights and
redeemable warrants, which together comprise the units will
commence trading separately. The common stock, rights and warrants
will be listed on the Nasdaq Global Market and trade with the
ticker symbols “NVAC,” “NVACR,” and “NVACW”, respectively. This is
a mandatory and automatic separation, and no action is required by
the holders of units.
Each unit consists of one share of common stock, one right and
one-half of one redeemable warrant. Each right entitles the holder
thereof to receive one-tenth (1/10) of one share of common stock
upon the consummation of an initial business combination. Each
whole warrant entitles the holder to purchase one share of common
stock at a price of $11.50 per share. In the separation, unit
owners will receive the number of shares of common stock, rights
and redeemable warrants underlying such units; however, no
fractional warrants will be issued. Any holder of units whose
ownership includes a fractional number of underlying warrants, will
be issued a number of warrants that is rounded down to the nearest
whole number. Accordingly, any owner of units that does not own a
multiple of two units will lose one-half of a warrant upon
separation.
Purchases of units that are made after market close on January
19, 2022, may not settle prior to the unit separation date and,
accordingly, the number of warrants issued to such purchasers may
not reflect the warrants underlying such recently purchased
units.
About NorthView Acquisition Corp.
NorthView Acquisition Corp. is a blank check company organized
for the purpose of effecting a merger, capital stock exchange,
asset acquisition, stock purchase, reorganization or other similar
business combination with one or more businesses or entities. The
Company intends to focus its initial search on target businesses in
the healthcare sector with an enterprise value of approximately
$500 million to $2 billion.
Forward-Looking Statements
This press release includes forward-looking statements that
involve risks and uncertainties. Forward-looking statements are
statements that are not historical facts. Such forward-looking
statements are subject to risks and uncertainties, which could
cause actual results to differ from the forward-looking statements,
including those set forth in the risk factors section of the
prospectus used in connection with the Company’s initial public
offering. The Company expressly disclaims any obligations or
undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change
in the Company’s expectations with respect thereto or any change in
events, conditions or circumstances on which any statement is
based, except as required by law.
Contact:
Fred KnechtelNorthView Acquisition Corp.207 West
25th Street, 9th FloorNew York, NY
10001fredknechtel@northviewac.com631 987-8921
NorthView Acquisition (NASDAQ:NVACU)
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