AMCI Acquisition Corp. Announces Pricing of $200,000,000 Initial Public Offering
16 November 2018 - 10:29AM
AMCI Acquisition Corp. (the “Company”) announced today that it
priced its initial public offering of 20,000,000 units at $10.00
per unit. The units will be listed on The Nasdaq Capital Market
(“Nasdaq”) and trade under the ticker symbol “AMCIU” beginning
November 16, 2018. Each unit consists of one share of the Company’s
Class A common stock and one redeemable warrant, each warrant
enabling the holder thereof to purchase one share of the Class A
common stock at a price of $11.50 per share. Once the securities
comprising the units begin separate trading, the Class A common
stock and warrants are expected to be listed on Nasdaq under the
symbols “AMCI” and “AMCIW,” respectively.
The Company is a blank check company formed for
the purpose of entering into a merger, capital stock exchange,
asset acquisition, stock purchase, reorganization or similar
business combination with one or more businesses. While the Company
may pursue an initial business combination target in any business
or industry, it intends to focus its search on global natural
resource companies and related infrastructure, value chain and
logistics businesses. These sectors include upstream resource
companies as well as related equipment, services and technology
that is used in the global natural resource value chain, also known
as the natural resources and mining equipment, technology and
services sectors. The Company is sponsored by an affiliate of
the AMCI Group of companies, a privately held natural resources
investment management company, and is led by its Executive
Chairman, Hans J. Mende and its President and Chief Executive
Officer, William Hunter.
Jefferies LLC is acting as the sole book running
manager for the offering. UBS Investment Bank is acting as
lead manager. The Company has granted the underwriters a 45-day
option to purchase up to an additional 3,000,000 units at the
initial public offering price to cover over-allotments, if
any.
The offering is being made only by means of a
prospectus. Copies of the prospectus may be obtained, when
available, from Jefferies LLC, Attention: Equity Syndicate
Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY
10022, or by telephone at 877-547-6340 or by email
at Prospectus_Department@Jefferies.com.
A registration statement relating to these
securities has been filed with, and declared effective by, the
Securities and Exchange Commission on November 15, 2018. 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.
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 offering discussed
above will be completed on the terms described, or at all, or 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 preliminary prospectus for the offering filed with
the Securities and Exchange Commission (“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 William Hunter(203) 625-9200
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