Industrial Tech Acquisitions, Inc. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing Octobe...
30 October 2020 - 7:30AM
Industrial Tech Acquisitions, Inc. (NASDAQ: ITACU) (the “Company”)
announced that, commencing October 30, 2020, holders of the units
sold in the Company’s initial public offering may elect to
separately trade shares of the Company’s Class A common stock
(“Class A Common Stock”) and warrants included in the units.
Class A common stock and warrants that are separated will
trade on the NASDAQ Capital Market under the symbols “ITAC” and
“ITACW,” respectively. Those units not separated will continue to
trade on the NASDAQ Capital Market under the symbol “ITACU.”
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 Industrial Tech Acquisitions,
Inc.
Industrial Tech Acquisitions, Inc. is a blank
check company formed for the purpose of effecting a merger, capital
stock exchange, asset acquisition, stock purchase, reorganization
or similar business combination with one or more businesses. The
Company’s efforts to identify a target business will not be limited
to a particular industry or geographic region, although it intends
to focus its search on target businesses in North America operating
in the industrial focused technology areas including software,
mobile and Internet of Things (“IoT”) applications, cloud
communications and ultra-high bandwidth services, including LTE and
5G communications.
Forward-Looking Statements
This press release may include, and oral
statements made from time to time by representatives of the Company
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. Statements regarding possible business combinations and
the financing thereof, and related matters, as well as all other
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,”
“continue,” “could,” “estimate,” “expect,” “intend,” “may,”
“might,” “plan,” “possible,” “potential,” “predict,” “project,”
“should,” “would” 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 Securities and Exchange Commission (“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 for 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.
Company Contact: |
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E. Scott Crist |
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Industrial Tech Acquisitions, Inc. |
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(713) 599-1300 |
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