NEW YORK, Jan. 12, 2021 /PRNewswire/ -- Far Peak
Acquisition Corporation (the "Company") announced today that,
commencing January 19, 2021, holders
of the units sold in the Company's initial public offering of
60,000,000 units (including the 5,000,000 units sold when the
underwriter partially exercised its over-allotment option on
December 21, 2020), completed on
December 7, 2020, 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
New York Stock Exchange ("NYSE") under the symbol "FPAC.U," and the
Class A ordinary shares and warrants that are separated will trade
on the NYSE under the symbols "FPAC" and "FPAC.WS," 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. Wells Fargo Securities, LLC acted as sole
book-running manager and representative of the underwriters for the
offering. A registration statement relating to the units and the
underlying securities was declared effective by the U.S. Securities
and Exchange Commission (the "SEC") on December 2, 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.
About Far Peak Acquisition Corporation
Far Peak Acquisition Corporation was formed for the purpose of
effecting a merger, capital stock exchange, asset acquisition,
stock purchase, reorganization or similar business combination. The
Company is focusing its search for a target business in the
financial technology, technology or financial services industries.
The Company is sponsored by Far Peak LLC, which is ultimately owned
by Thomas W. Farley, the Company's
Chairman and Chief Executive Officer, and David W. Bonanno, the Company's Chief Financial
Officer.
Forward Looking Statements
This press release 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. All 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,"
"estimate," "expect," "intend" 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 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 relating to 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.
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SOURCE Far Peak Acquisition Corporation