MIAMI, June 29, 2021 /PRNewswire/ -- DILA Capital
Acquisition Corp. (the "Company") announced today that the
underwriters of its previously announced initial public offering of
units have partially exercised their over-allotment option,
resulting in the issuance of an additional 329,980 units at a
public offering price of $10.00 per
unit. After giving effect to the exercise of the option, an
aggregate of 5,829,980 units have been issued in the initial public
offering at an aggregate offering price of $58,299,800.
Each unit consists of one share of Class A common stock and one
redeemable warrant, with each warrant entitling the holder thereof
to purchase one share of Class A common stock at a price of
$11.50 per full share. The units are
listed on the Nasdaq Capital Market and trade under the ticker
symbol "DILAU." Once the securities comprising the units begin
separate trading, the Company expects that its common stock and
warrants will be listed on the Nasdaq Capital Market under the
symbols "DILA" and "DILAW", respectively.
EarlyBirdCapital, Inc. acted as the sole book-running manager in
the offering, and I-Bankers Securities, Inc. served as
co-manager.
Registration statements relating to these securities were
declared effective by the Securities and Exchange Commission
("SEC") on June 14, 2021. The
offering was made only by means of a prospectus, copies of which
may be obtained by contacting EarlyBirdCapital, Inc., 366 Madison
Avenue, 8th Floor, New York, NY
10017, Attn: Syndicate Department, 212-661-0200. Copies of the
registration statements can be accessed through the SEC's website
at www.sec.gov.
This press release shall not constitute an offer to sell or a
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 DILA Capital Acquisition Corp.
DILA Capital Acquisition Corp. is a blank check company, also
commonly referred to as a special purpose acquisition company, or
SPAC, formed for the purpose of entering into a merger, share
exchange, asset acquisition, stock purchase, recapitalization,
reorganization or other similar business combination with one or
more businesses. While the Company may pursue an initial business
combination with a company in any sector or geography, we intend to
focus our research on companies with significant operating
technological advantage that are headquartered in Latin America, as well as businesses located
in the United States which cater
to the Hispanic community.
Forward Looking Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the
anticipated use of the net proceeds of the public offering and the
Company's search for an initial business combination. 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 of these documents 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.
View original
content:https://www.prnewswire.com/news-releases/dila-capital-acquisition-corp-announces-exercise-of-underwriters-over-allotment-option-in-connection-with-its-initial-public-offering-301322587.html
SOURCE DILA Capital Acquisition Corp.