BERLIN and HONG KONG, Feb. 26,
2021 /PRNewswire/ -- Poema Global Holdings Corp.
(Nasdaq: PPGH.U) (the "Company") announced that,
commencing February 26, 2021, holders
of the units sold in the Company's initial public offering of
34,500,000 units, completed on January 8,
2021 may elect to separately trade the Class A ordinary
shares and warrants included in the units. Any units not separated
will continue to trade on the Nasdaq Capital Market ("Nasdaq")
under the symbol "PPGH.U," and the separated Class A ordinary
shares and warrants are expected to trade on Nasdaq under the
symbols "PPGH" and "PPGHW," respectively. No fractional warrants
will be issued upon separation of the units and only whole warrants
will trade. Unitholders will need to have their brokers contact
Continental Stock Transfer & Trust Company, the Company's
transfer agent, in order to separate the units into Class A
ordinary shares and warrants.
The units were initially offered by the Company in an
underwritten offering. Citigroup Global Markets Inc. and UBS
Securities LLC acted as joint book-running managers of the
offering. A registration statement relating to the units and the
underlying securities was declared effective by the Securities and
Exchange Commission (the "SEC") on January
5, 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.
Cautionary Note Concerning Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the
proposed initial public offering and the anticipated use of the net
proceeds. No assurance can be given that the offering discussed
above will be completed on the terms described, or at all, or that
the net proceeds of the offering will be used as indicated.
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 preliminary prospectus for the Company's 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.
For media relations, please contact:
ICR, LLC
Phil Denning
Email: Phil.denning@icrinc.com
Phone: +1 (646) 277-1249
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SOURCE Poema Global Holdings Corp.