NEW YORK, Nov. 1, 2021 /PRNewswire/ -- Anthemis
Digital Acquisitions I Corp (the "Company") announced the closing
of its initial public offering of 23,000,000 units at $10.00 per unit, which includes the exercise in
full by the underwriters of their option to purchase up to
3,000,000 additional units. The units began trading 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") acted
as book running managers and representative of the
underwriters.
This offering was made by means of a prospectus. Copies of the
preliminary prospectus relating to the offering and final
prospectus, 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
