NEW YORK, Jan. 11, 2022 /PRNewswire/ -- Viscogliosi
Brothers Acquisition Corp. (the "Company") announced today that it
closed its initial public offering of 7,500,000 units at
$10.00 per unit. Each unit consists
of one share of common stock and one half of one redeemable
warrant, each whole warrant entitling the holder thereof to
purchase one share of common stock at a price of $11.50 per whole share, subject to
adjustment.
The units are listed on the NASDAQ Global Market ("NASDAQ") and
began trading under the ticker symbol "VBOCU" on January 7, 2022. Once the securities comprising
the units begin separate trading, the common stock and warrants are
expected to be listed on NASDAQ under the symbols "VBOC," and
"VBOCW," respectively.
Raymond James & Associates,
Inc. acted as sole book-running manager in the offering. The
underwriters have been granted a 45-day option to purchase up to an
additional 1,125,000 units from the Company to cover
over-allotments, if any.
A registration statement relating to these securities was
declared effective by the Securities and Exchange Commission on
January 6, 2022. The offering was
made only by means of a prospectus, copies of which may be obtained
by contacting Raymond James &
Associates, Inc., 880 Carillon Parkway, St. Petersburg, FL 33716 Attention: Equity
Syndicate, 1-800-248-8863 or prospectus@raymondjames.com. Copies of
the registration statement can be accessed through the SEC's
website at www.sec.gov.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, 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 Viscogliosi Brothers Acquisition Corp.
Viscogliosi Brothers Acquisition Corp. is a blank check company
incorporated in Delaware whose
business purpose is to effect a merger, share exchange, asset
acquisition, stock purchase, recapitalization, reorganization or
other similar business combination with one or more businesses or
entities. The Company's efforts to identify a prospective target
business will not be limited to a particular industry or geographic
region, although the Company intends to focus on businesses that
have their primary operations located in North America and Europe in the neuro-musculoskeletal
industry.
Forward-Looking Statements
This press release includes
forward-looking statements that involve risks and uncertainties.
Forward-looking statements are statements that are not historical
facts. Such forward-looking statements, including with respect to
the expected use of proceeds from the Company's initial
public offering, are subject to risks and uncertainties, which
could cause actual results to differ from the forward-looking
statements. The Company expressly disclaims any obligations or
undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change
in the Company's expectations with respect thereto or any change in
events, conditions or circumstances on which any statement is
based, except as required by law.
Contact:
Viscogliosi Brothers Acquisition Corp.
John J. Viscogliosi
President, Chief Executive Officer and Chairman of the Board
505 Park Avenue, 14th Floor, New York,
NY 10022
(212) 583-9700
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SOURCE Viscogliosi Brothers Acquisition Corporation