OCA Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing March 8, 2021
05 Marzo 2021 - 3:30PM
OCA Acquisition Corp. (NASDAQ: OCAXU) (the “Company”) announced
that, commencing March 8, 2021, holders of the units sold in the
Company’s initial public offering may elect to separately trade
shares of the Company’s Class A common stock (“Class A Common
Stock”) and warrants included in the units. No fractional warrants
will be issued upon separation of the units and only whole warrants
will trade. Class A common stock and warrants that are
separated will trade on the NASDAQ Capital Market under the symbols
“OCAX” and “OCAXW,” respectively. Those units not separated will
continue to trade on the NASDAQ Capital Market under the symbol
“OCAXU.”
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.
About OCA Acquisition Corp.
OCA Acquisition Corp. is a newly formed special purpose
acquisition company incorporated 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 geographic region, it intends to focus on a U.S.
business in the technology-enabled business services (including
healthcare and education) or financial services sectors.
OCA’s sponsor is Olympus Capital Asia V, L.P., the fifth pan-Asia
private equity fund advised by Olympus Capital Asia, one of the
longest standing middle market private equity firms in Asia with a
20+ year history of investing in the region. OCA intends to
acquire a business which will benefit from Olympus Capital's
extensive industry network and experience helping companies expand
in Asia.
Forward-Looking Statements
This press release may include, and oral statements made from
time to time by representatives of the Company may include,
“forward-looking statements” within the meaning of Section 27A
of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. Statements
regarding possible business combinations and the financing thereof,
and related matters, as well as all other statements other than
statements of historical fact included in this press release are
forward-looking statements. When used in this press release, words
such as “anticipate,” “believe,” “continue,” “could,” “estimate,”
“expect,” “intend,” “may,” “might,” “plan,” “possible,”
“potential,” “predict,” “project,” “should,” “would” and similar
expressions, as they relate to us or our management team, identify
forward-looking statements. Such forward-looking statements are
based on the beliefs of management, as well as assumptions made by,
and information currently available to, the Company’s management.
Actual results could differ materially from those contemplated by
the forward-looking statements as a result of certain factors
detailed in the Company’s filings with the Securities and Exchange
Commission (“SEC”). All subsequent written or oral forward-looking
statements attributable to us or persons acting on our behalf are
qualified in their entirety by this paragraph. 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
prospectus for the Company’s initial public offering filed with the
SEC. The Company undertakes no obligation to update these
statements for revisions or changes after the date of this release,
except as required by law.
OCA Media Contact: Corliss Ruggles, Communications
Adviser corliss.ruggles@gmail.com
OCA Investor Relations Contact: Humberto Galleno,
Corporate & Business Development hgalleno@olympuscap.com
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