Seven Oaks Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing on February ...
10 February 2021 - 2:21PM
Seven Oaks Acquisition Corp. (the “Company”) announced today that
holders of the units sold in the Company’s initial public offering
of 25,875,000 units completed on December 22, 2020 (the “offering”)
may elect to separately trade the shares of Class A common stock
and warrants included in the units commencing on February 10, 2021.
Any units not separated will continue to trade on The Nasdaq Stock
Market LLC (“Nasdaq”) under the symbol “SVOKU”, and each of the
shares of Class A common stock and warrants will separately trade
on Nasdaq under the symbols “SVOK” and “SVOKW,” 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 Class A common stock and warrants.
About Seven Oaks Acquisition Corp.
Seven Oaks Acquisition Corp. is a special
purpose acquisition company formed for the purpose of entering into
a business combination with one or more businesses. While the
Company may pursue a business combination in any industry, the
Company intends to focus its search on companies with strong
Environmental, Social and Governance practices or the ability to
materially improve such practices.
A registration statement relating to these
securities was declared effective by the U.S. Securities and
Exchange Commission (the “SEC”) on December 17, 2020. 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 was made only by means of a
prospectus. Copies of the prospectus may be obtained from
JonesTrading Institutional Services LLC by e-mailing
syndicate@jonestrading.com.
Cautionary Note Concerning Forward-Looking
Statements
This press release contains statements that
constitute "forward-looking statements," including with respect to
the initial public offering and search for an initial business
combination. No assurance can be given that the 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 for the
initial public 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.
Website:sevenoaksacquisition.com
Contact:Drew
Pearsondrew@sevenoaksacquisition.com
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