FTAC Zeus Acquisition Corp. Class A Common Stock and Warrants to Commence Trading Separately on January 10, 2022
07 January 2022 - 9:00AM
FTAC Zeus Acquisition Corp. (NASDAQ:ZINGU) (“FTAC Zeus” or
“the Company”), today announced that the holders of the Company’s
units sold in the Company’s initial public offering of 40,250,000
units completed on November 23, 2021 may elect to separately trade
the Class A common shares and warrants underlying the units
commencing on January 10, 2022. Those units not separated will
continue to trade on the NASDAQ Capital Market under the symbol
“ZINGU” and the Class A common shares and warrants are expected to
trade under the symbols “ZING” and “ZINGW”, respectively. No
fractional warrants will be issued upon separation of the units and
only whole warrants will trade.
Citigroup Global Markets Inc. acted as the sole book-running
manager for the offering.
A registration statement relating to the units and the
underlying securities was declared effective by the Securities and
Exchange Commission on November 18, 2021. 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 Citigroup, c/o Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717,
tel: 800-831-9146. Copies of the registration statement can be
accessed for free through the SEC's website
at www.sec.gov.
Cautionary Note Regarding Forward-Looking
Statements
This press release contains statements that constitute
“forward-looking statements,” including with respect to the initial
public offering. All statements other than statements of historical
fact included in this press release are forward-looking statements.
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 initial public offering filed with
the Securities and Exchange Commission. Copies are available on the
SEC’s website at www.sec.gov. The Company undertakes no obligation
to update these statements for revisions or changes after the date
of this press release, except as required by law.
About FTAC Zeus Acquisition Corp.
FTAC Zeus is a special purpose acquisition company formed for
the purpose of effecting a merger, share exchange, asset
acquisition, share purchase, reorganization or similar business
combination with one or more companies. Led by Chairman Daniel
Cohen and CEO Ryan Gilbert, the company intends to focus on
identifying technology and financial services technology, or
fintech businesses that power transformation and innovation.
Contact Information:
Amanda Abrams amanda@ftspac.com (215) 701-9693
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