CITIC Capital Acquisition Corp. operates as a blank check company. The Company aims to acquire one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization.
NEW YORK, March 30, 20 20 / / PRNewswire/ — CITIC Capital Acquisition Corp. (NYSE CCAC.U at https://www.webull.com/income-statement/nyse-ccac-u) (“CITIC” or the”Company”) announced that holders of those components sold at the organization’s initial public offering of 27,600,000 units performed on February 1-3, 20 20 (the”offering”) might opt to separately transaction the Class A ordinary shares and warrants contained from the components starting on or around April 2, 20 20. Any components not split will continue to trade about the New York Stock Exchange under the symbol”NYSE CCAC.U”, and all one of those Class A ordinary shares and warrants will separately commerce about the New York Stock Exchange under the symbols”CCAC” and also”CCAC WS,” respectively. No fractional warrants will be issued upon alteration of these components and just whole fails will transaction. Holders of components need to possess their agents to get Continental Stock Transfer & Trust Company, the organization’s transfer agent, to divide the components into Class A ordinary shares and warrants.
CITIC Capital Acquisition Corp. is a blank check business Incorporated to effect a merger, share exchange, asset purchase, share purchase, reorganization, or similar business combination with a couple of companies. As the company might pursue a first small business combo goal in virtually any small organization enterprise or industry, the business plans to hunt internationally for businesses in the power efficiency, clean technology, and sustainability businesses, with an emphasis on organizations that the corporation considers can be placed for success in China, in addition to some other markets in Asia and outside.
A registration statement relating to the securities was announced Effective by the U.S. Securities and Exchange Commission (the”SEC”) on February 10, 20 20. This news release shall not constitute an offer to sell or the solicitation of an offer to purchase, nor will there be any sale of the securities in any state or jurisdiction where such offer, solicitation, or sale would be unlawful before registration or qualification under the securities legislation of such jurisdiction or state.
This media release Comprises statements that constitute “forward-looking statements,” including Regarding the Organization’s Look to get a first small business combination. Forward-Looking statements are Subject to many states, lots that are beyond the control of this Company, such as those put forth in the Risk Factors section of the Provider’s Registration statement to its original public offering registered with the SEC. You can check more stocks like NYSE: WMT at https://www.webull.com/quote/nyse-wmt before trading.
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