NEW YORK, March 12, 2021 /PRNewswire/ -- Queen's
Gambit Growth Capital (the "Company") announced today that
commencing March 15, 2021, holders of
the units sold in the Company's initial public offering may elect
to separately trade the Class A ordinary shares and redeemable
warrants included in the units. Each unit consists of one Class A
ordinary share, par value $0.0001 per
share, and one-third of one redeemable warrant. No fractional
warrants will be issued upon separation of the units and only whole
warrants will trade. The Class A ordinary shares and redeemable
warrants that are separated will trade on the Nasdaq Capital Market
(the "NASDAQ") under the symbols "GMBT" and "GMBTW," respectively.
Those units not separated will continue to trade on the NASDAQ
under the symbol "GMBTU." Holders of the units will need to have
their brokers contact Continental Stock Transfer & Trust
Company, the Company's transfer agent, in order to separate the
holders' units into Class A ordinary shares and redeemable
warrants.
The units were initially offered by the Company in an
underwritten offering. Barclays acted as the sole book-running
manager and representative for the underwriters for the offering.
R. Seelaus & Co., LLC and Siebert
Williams Shank & Co., LLC acted as joint co-managers for
the offering.
Registration statements relating to the units and the underlying
securities became effective on January 19,
2021.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities of the Company, nor
shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation, or sale would
be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction. A copy of the
final prospectus relating to the offering may be obtained for free
by visiting the U.S. Securities and Exchange Commission (the "SEC")
website at http://www.sec.gov. Alternatively, a copy of the
final prospectus relating to the offering may be obtained from
Barclays, c/o Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, New York 11717,
email: barclaysprospectus@broadridge.com, tel: (888) 603-5847.
ABOUT QUEEN'S GAMBIT GROWTH CAPITAL
Queen's Gambit Growth Capital is a female-led special purpose
acquisition company, formed for the purpose of effecting a merger,
share exchange, asset acquisition, share purchase, reorganization
or similar business combination. The Company, led by Founder &
Chief Executive Officer, Victoria
Grace, intends to focus its search on identifying a target
that is shaping the future of its sector by providing disruptive
solutions that promote sustainable development, economic growth and
prosperity.
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 statements and
prospectus for the Company's initial public 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:
Daniel Yunger / Lindsay Gross
Kekst CNC
daniel.yunger@kekstcnc.com / lindsay.gross@kekstcnc.com
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SOURCE Queen's Gambit Growth Capital