LAS VEGAS, March 26, 2021 /PRNewswire/ -- Gaming &
Hospitality Acquisition Corp. (the "Company") announced that,
commencing March 26, 2021, holders of
the units sold in the Company's initial public offering may elect
to separately trade the shares of the Company's Class A common
stock and the warrants included in the units.
No fractional warrants will be issued upon separation of the
units and only whole warrants will trade. The shares of Class A
common stock and warrants that are separated will trade on The
Nasdaq Stock Market LLC ("Nasdaq") under the symbols "GHAC" and
"GHACW," respectively. Those units not separated will continue to
trade on Nasdaq under the symbol "GHACU." 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 ("SEC") and
became effective on February 2,
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.
About Gaming & Hospitality Acquisition Corp.
Gaming & Hospitality Acquisition Corp. 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 acquisition opportunity in any industry or
sector, it intends to focus on the gaming and hospitality sectors,
which complement the management team's sector and operating
expertise. Target businesses in these sectors might include, but
are not limited to, regional gaming, distributed gaming, online
gaming / sports betting and gaming technology and equipment.
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the
Company's plans with respect to the target industry for a potential
business combination. No assurance can be given that the Company
will ultimately complete a business combination transaction.
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 dated February 2, 2021 filed with the Securities and
Exchange Commission ("SEC"). Copies of these documents 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 Keehner / Kate
Thompson
Joele Frank, Wilkinson Brimmer
Katcher
212.355.4449
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SOURCE Gaming & Hospitality Acquisition Corp.