NEW YORK, Oct. 27, 2021 /PRNewswire/ -- Anthemis Digital
Acquisitions I Corp (the "Company") announced the pricing of its
initial public offering of 20,000,000 units at $10.00 per unit. The units will be listed on the
Nasdaq Global Market (the "Nasdaq") under the symbol "ADALU"
commencing on Thursday, October 28,
2021. Each unit consists of one share of the Company's Class
A ordinary shares and one-half of one warrant, each whole warrant
entitling the holder thereof to purchase one share of the Company's
Class A ordinary shares at an exercise price of $11.50 per share. Once the securities
constituting the units begin separate trading, we expect that the
Class A ordinary shares and warrants will be listed on the Nasdaq
under the symbols "ADAL" and "ADALW," respectively.
The Company is a blank check company whose business purpose is
to effect a merger, capital stock exchange, asset acquisition,
stock purchase, reorganization or similar business combination with
one or more businesses, which we refer to as our initial business
combination. While the Company may pursue an initial business
combination target in any industry, it currently intends to focus
its efforts identifying businesses in financial services, or the
modern financial technology industry.
Barclays Capital Inc. ("Barclays") and Credit Suisse Securities
(USA) LLC ("Credit Suisse") are
acting as book running managers and representative of the
underwriters. The Company has granted the underwriters a 45-day
option to purchase up to 3,000,000 additional units at the initial
public offering price to cover over-allotments, if any.
This offering will only be made by means of a prospectus. Copies
of the preliminary prospectus relating to the offering and final
prospectus, when available, may be obtained from Barclays Capital
Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717, email:
barclaysprospectus@broadridge.com, telephone: 1-888-603-5847 or
Credit Suisse Securities (USA)
LLC, Attention: Prospectus Department, 6933 Louis Stephens Drive,
Morrisville, North Carolina 27560,
or by telephone at (800) 221-1037 or by email at
usa.prospectus@credit-suisse.com.
A registration statement relating to these securities has been
declared effective by the U.S. Securities and Exchange Commission
(the "SEC"). 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
an offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
State or jurisdiction.
About Anthemis Digital Acquisitions I Corp
Anthemis Digital Acquisitions I Corp ("ADA"), named after
the first computer programmer and pioneer, Ada Lovelace, is a publicly traded special
purpose acquisition corporation with a focus on acquiring a company
in the digital financial services industry. ADA intends to focus
its search in the area of digital financial services and on
companies that reflect our core guiding principles of
collaboration, virtuous cycle outcomes and a commitment
to diversity, equity and inclusivity. Our 100% female-led and ESG
focused management team and board are positioned at the center of
the North American and European fintech ecosystem. The team has a
reputation for building trusted relationships with founders and its
ability to identify and implement value creation will remain
central to the differentiated acquisition strategy.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute
"forward-looking statements," including with respect to the initial
public offering and the anticipated use of the net proceeds. No
assurance can be given 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 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.
Contacts
Elise
Brown
Director of Marketing
c/o Anthemis Digital Acquisitions I Corp
122 Hudson, 3rd Floor
New York, NY 10013, USA
info@anthemisdigitalacquisitions.com
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SOURCE Anthemis Digital Acquisitions
