Integral Acquisition Corporation 1 Announces the Separate Trading of its Class A common stock and warrants, Commencing December 16, 2021
14 December 2021 - 8:41AM
Integral Acquisition Corporation 1 (NASDAQ: INTEU) (the “Company”)
announced that, commencing on December 16, 2021, holders of the
units sold in the Company’s initial public offering may elect to
separately trade the Company’s Class A common stock and warrants
included in the units. No fractional warrants will be issued
upon separation of the units and only whole warrants will trade.
Class A common stock and warrants that are separated will trade on
the NASDAQ Global Market under the symbols “INTE” and “INTEW,”
respectively. Those units not separated will continue to trade on
the Nasdaq Global Market under the symbol “INTEU.” Each unit
consists of one share of Class A common stock of the Company and
one-half of one redeemable warrant, each whole warrant entitling
the holder thereof to purchase one share of Class A common stock at
a price of $11.50 per share. Only whole warrants are exercisable.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities of the Company, 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 Integral Acquisition Corporation 1
Integral Acquisition Corporation 1 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. The Company has not
selected any specific business combination target. The Company
intends to target a business combination with a technology-oriented
company in Australia and/or New Zealand. The Company is one of only
a few SPACs primarily focused on acquisition targets in Australia
and/or New Zealand. The Company is led by Chief Executive Officer
Enrique Klix.
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 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.
Company Contact:
Enrique KlixC.E.O.+61 478 333
002info@integralacquisition.com
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