Big Cypress Acquisition Corp. Announces Separate Trading of its Shares of Common Stock and Redeemable Warrants Commencing Feb...
05 February 2021 - 12:00AM
Big Cypress Acquisition Corp. (the "Company") announced that,
commencing February 9, 2021, holders of the units sold in the
Company's initial public offering of 11,500,000 units may elect to
separately trade the shares of common stock and redeemable warrants
included in the units. Those units not separated will continue to
trade on The Nasdaq Stock Market ("Nasdaq") under the symbol
"BCYPU," and the shares of common stock and redeemable warrants
that are separated will trade on Nasdaq under the symbols "BCYP"
and "BCYPW," respectively. No fractional warrants will be issued
upon separation of the units and only whole warrants will trade.
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 redeemable warrants.
Ladenburg Thalmann & Co. Inc. acted as sole
book running manager in the offering. Brookline Capital Markets, a
division of Arcadia Securities, LLC, acted as co-manager of the
offering. Dentons US LLP acted as counsel to the Company and
Graubard Miller acted as counsel to the underwriters.
A registration statement relating to these
securities was declared effective by the U.S. Securities and
Exchange Commission (the "SEC") on January 11, 2021. 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.
The offering is being made only by means of a
prospectus. Copies of the prospectus relating to this offering may
be obtained from Ladenburg Thalmann, Attn: Syndicate Department,
277 Park Avenue, 26th floor, New York, New York 10172, Attn:
Syndicate Department, telephone: 1-800-573-2541 or email:
prospectus@ladenburg.com.
About Big Cypress Acquisition
Corp.
Big Cypress Acquisition Corp. is a blank check
company formed for the purpose of effecting a merger, share
exchange, asset acquisition, share purchase, reorganization or
similar business combination with one or more businesses. Although
the Company may pursue a target business in any industry or sector,
and in any geographic region, the Company intends to focus its
search for prospects within the life sciences industry. The Company
is led by Chief Executive Officer, Chief Financial Officer and
Director Samuel J. Reich.
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.
Samuel J. Reich ir@bigcypressaccorp.com
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