NEW YORK, Jan. 22, 2021 /PRNewswire/ -- FoxWayne
Enterprises Acquisition Corp. ("FoxWayne" or the "Company")
announced today that has closed its initial public offering of
5,750,000 units at $10.00 per unit,
which included the full exercise of the underwriters'
over-allotment option. The units are listed on the Nasdaq Capital
Market ("Nasdaq") under the ticker symbol "FOXWU". Each unit
consists of one share of the Company's Class A common stock and one
redeemable warrant. Each warrant entitles the holder thereof to
purchase one share of Class A common stock at a price of
$11.50 per share. Once the securities
comprising the units begin separate trading, shares of the Class A
common stock and warrants are expected to be listed on Nasdaq under
the symbols "FOXW," and "FOXWW," respectively.
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FoxWayne 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 the biotechnology and/or telemedicine sector
of the healthcare industry or the technology industry in
North America. The Company is led
by Chairman and Chief Executive Officer, Robb Knie.
Kingswood Capital Markets, division of Benchmark Investments,
Inc. acted as the sole book running manager for the offering.
Sheppard, Mullin, Richter, & Hampton LLP served as counsel
to the Company and Ellenoff Grossman & Schole LLP served as
counsel to the underwriters in this offering.
The offering was made only by means of a prospectus. Copies of
the prospectus may be obtained from Kingswood Capital Markets,
division of Benchmark Investments, Inc., Attn: 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.
A registration statement relating to these securities has been
filed with, and declared effective by, the Securities and Exchange
Commission ("SEC") on January 19,
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
an offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute
"forward-looking statements," including with respect to the initial
public offering. 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 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
Investor Relations
917-284-8938
investors@foxwayne.com
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SOURCE FoxWayne Enterprises Acquisition Corp