10X Capital Venture Acquisition Corp Announces the Separate Trading of its Common Stock and Warrants, Commencing December 28,...
22 Diciembre 2020 - 3:53PM
10X Capital Venture Acquisition Corp (Nasdaq: VCVCU) (the
“Company”) today announced that, commencing December 28, 2020,
holders of the units sold in the Company’s initial public offering
may elect to separately trade shares of the Company’s 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. The shares of common
stock and warrants that are separated will trade on The Nasdaq
Capital Market under the symbols “VCVC” and “VCVCW,” respectively.
Those units not separated will continue to trade on The Nasdaq
Capital Market under the symbol “VCVCU.” 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 common stock and warrants.
10X Capital Venture 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. The
Company intends to focus on identifying high growth technology and
tech-enabled businesses domestically and abroad in the consumer
internet, ecommerce, software, healthcare and financial services
industries, as well as other industries that are being disrupted by
advances in technology and on technology paradigms including
artificial intelligence, automation, data science, ecommerce and
Software-as-a-Service.
Wells Fargo Securities acted as the sole book-running manager
for the offering.
The offering was made only by means of a prospectus. Copies of
the prospectus relating to this offering may be obtained from Wells
Fargo Securities, Attention: Equity Syndicate Department, 500 West
33rd Street, New York, New York, 10001, at (800) 326-5897 or
emailing a request to cmclientsupport@wellsfargo.com.
A registration statement relating to these securities was
declared effective by the U.S. Securities and Exchange Commission
(the “SEC”) on November 23, 2020. 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 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 search
for an initial business combination. No assurance can be given that
the 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 prospectus for the 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
Colby Billhardt10X Capital(203) 313-5588colby@10xcapital.com
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