Pace Holdings Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing October 28, 2015
28 October 2015 - 7:05AM
Business Wire
Pace Holdings Corp. (NASDAQ:PACEU) (the “Company”) announced
that, commencing October 28, 2015, holders of the 45,000,000
units (“Units”) sold in the Company’s initial public offering
completed on September 16, 2015 may elect to separately trade
the Class A ordinary shares and warrants included in the
Units. Each Unit consists of one Class A ordinary share, par
value $0.0001 per share, and one warrant to purchase one-third of
one Class A ordinary share. Those Units not separated will
continue to trade on the NASDAQ Capital Market under the symbol
“PACEU,” and the Class A ordinary shares and warrants that are
separated will trade on the NASDAQ Capital Market under the symbols
“PACE” and “PACEW,” respectively. Holders of the Units will need to
have their brokers contact Continental Stock Transfer and Trust
Company, the Company’s transfer agent, in order to separate the
Units into Class A ordinary shares and warrants.
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. The offering was
made only by means of a prospectus, copies of which may be obtained
by contacting Deutsche Bank Securities Inc., 60 Wall Street, New
York, NY 10005-2836, Attention: Prospectus Group, Telephone:
(800) 503-4611, Email: prospectus.cpdg@db.com or Citigroup
Global Markets Inc., Attention: Prospectus Department c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood,
NY 11717, Telephone: (800) 831-9146.
About Pace Holdings Corp.
Pace Holdings Corp. was formed for the purpose of effecting a
merger, share exchange, asset acquisition, stock purchase,
reorganization or similar business combination with one or more
businesses. The Company’s strategy is to identify, acquire and,
after the initial business combination, to build a company in the
public markets.
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 United States 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20151027006744/en/
Media:Pace Holdings Corp.Luke Barrett, 212-601-4752
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