Far Peak Acquisition Corporation (NYSE: FPAC), a special purpose
acquisition company, and Bullish, a company focused on technology
and developing financial services for the digital assets sector,
today announced that Bullish has publicly filed a Registration
Statement (the “Registration Statement”) with the U.S. Securities
and Exchange Commission (the “SEC”) with respect to their proposed
business combination.
The Registration Statement contains a preliminary proxy
statement/prospectus with information about Far Peak, Bullish and
the proposed business combination.
The business combination is subject to the Registration
Statement being declared effective by the SEC, approval by Far
Peak’s shareholders, and other customary conditions. Subject to the
relevant conditions, the business combination is anticipated to
close in the fourth quarter of 2021 or first quarter of 2022.
For more information, please visit Bullish Investor
Relations.
About Bullish
Focused on developing products and services for the digital
assets sector, Bullish has rewired the traditional exchange to
benefit asset holders, enable traders and increase market
integrity. Supported by the group’s treasury, Bullish’s new breed
of exchange combines deep liquidity, automated market making and
industry-leading security and compliance to increase the
accessibility of digital assets for investors. Bullish exchange is
operated by Bullish (GI) Limited and is expected to be regulated in
Gibraltar.
About Far Peak Acquisition Corporation
Far Peak Acquisition Corporation was formed for the purpose of
effecting a merger, capital stock exchange, asset acquisition,
stock purchase, reorganization or similar business combination in
the financial technology, technology or financial services
industries. The Company is sponsored by Far Peak LLC, which is
ultimately owned by Thomas W. Farley, the Company's Chairman, Chief
Executive Officer and President, and David W. Bonanno, the
Company's Chief Financial Officer and Secretary. In addition,
certain funds and accounts managed by subsidiaries of BlackRock,
Inc. have made an anchor investment in the Company.
Forward-Looking Statements
This communication includes, and oral statements made from time
to time by representatives of FPAC and Bullish Global may be
considered, “forward-looking statements” within the meaning of the
“safe harbor” provisions of the United States Private Securities
Litigation Reform Act of 1995. Forward-looking statements generally
relate to future events or FPAC’s or Bullish’s future financial or
operating performance. In some cases, you can identify
forward-looking statements by terminology such as “may,” “should,”
“expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,”
“predict,” “potential” or “continue,” or the negatives of these
terms or variations of them or similar terminology. In addition,
these forward-looking statements include, but are not limited to,
statements regarding Bullish Global’s business strategy, cash
resources, current and prospective product or services, as well as
the potential market opportunity. Such forward-looking statements
are subject to risks, uncertainties, and other factors which could
cause actual results to differ materially from those expressed or
implied by such forward looking statements. These forward-looking
statements are based upon estimates and assumptions that, while
considered reasonable by FPAC and its management, and Bullish
Global and its management, as the case may be, are inherently
uncertain. Factors that may cause actual results to differ
materially from current expectations include, but are not limited
to: (1) the occurrence of any event, change or other circumstances
that could give rise to the termination of the definitive
agreements respecting the Business Combination; (2) the outcome of
any legal proceedings that may be instituted against FPAC, Bullish
or Bullish Global or others following the announcement of the
Business Combination; (3) the inability to complete the Business
Combination due to the failure to obtain approval of the
shareholders of FPAC or to satisfy other conditions to closing; (4)
changes to the proposed structure of the Business Combination that
may be required or appropriate as a result of applicable laws or
regulations; (5) the ability of Bullish to meet applicable listing
standards following the consummation of the Business Combination;
(6) the risk that the Business Combination disrupts current plans
and operations of Bullish Global as a result of the announcement
and consummation of the Business Combination; (7) the ability to
recognize the anticipated benefits of the Business Combination,
which may be affected by, among other things, competition, the
ability of the combined company to grow and manage growth
profitably, maintain relationships with customers and suppliers and
retain its management and key employees; (8) costs related to the
Business Combination; (9) changes in applicable laws or
regulations; (10) the possibility that Bullish may be adversely
affected by other economic, business and/or competitive factors;
(11) the impact of COVID-19 on Bullish Global’s business and/or the
ability of the parties to complete the Business Combination; and
(12) other risks and uncertainties set forth in the sections
entitled “Risk Factors” and “Cautionary Note Regarding
Forward-Looking Statements” in the preliminary proxy
statement/prospectuses included in the Registration Statement, as
well as in the sections entitled “Risk Factors” and “Cautionary
Note Regarding Forward-Looking Statements” in FPAC’s IPO Prospectus
dated December 2, 2020 filed with the SEC on, December 3, 2020, and
the section entitled “Risk Factors” in FPAC’s Quarterly Report on
Form 10-Q for the quarterly period ended June 30, 2021. In
addition, there may be additional risks that neither FPAC or
Bullish Global presently know, or that FPAC or Bullish Global
currently believe are immaterial, that could also cause actual
results to differ from those contained in the forward-looking
statements. Nothing in this communication should be regarded as a
representation by any person that the forward-looking statements
set forth herein will be achieved or that any of the contemplated
results of such forward-looking statements will be achieved. You
should not place undue reliance on forward-looking statements,
which speak only as of the date they are made. Neither FPAC,
Bullish nor Bullish Global undertakes any duty to update these
forward-looking statements.
Important Information and Where to Find It
This document does not contain all the information that should
be considered concerning the proposed Business Combination. It does
not constitute an offer to sell or exchange, or the solicitation of
an offer to buy or exchange, any securities, nor shall there be any
sale of securities in any jurisdiction in which such offer, sale or
exchange would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction. It is not
intended to form the basis of any investment decision or any other
decision in respect of the proposed Business Combination. In
connection with the proposed Business Combination, Bullish has
filed with the SEC the Registration Statement, which contains a
preliminary proxy statement/prospectus. A definitive proxy
statement/prospectus will be mailed to FPAC shareholders as of a
record date to be established for voting on the proposed Business
Combination. FPAC shareholders and other interested persons are
advised to read the preliminary proxy statement / prospectus and
any amendments thereto, when available, and the definitive proxy
statement / prospectus because these materials contain and will
contain important information about Bullish, FPAC and the proposed
transactions. Shareholders may obtain a copy of the preliminary
proxy statement/prospectus and, when available, the definitive
proxy statement/prospectus, without charge, at the SEC’s website at
http://sec.gov or by directing a request to: Far Peak Acquisition
Corp., 511 6th Ave #7342, New York, NY 10011.
INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN
APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY
AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS
OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION
CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL
OFFENSE.
Participants in the Solicitation
FPAC, Bullish, Bullish Global and their respective directors and
executive officers, other members of management and employees may
be considered participants in the solicitation of proxies with
respect to the potential transaction described in this
communication under the rules of the SEC. Information regarding
persons who may, under the rules of the SEC, be deemed participants
in the solicitation of the shareholders in connection with the
potential transaction and a description of their interests is set
forth in the preliminary proxy statement/prospectus included in the
Registration Statement. These documents can be obtained free of
charge from the sources indicated above.
No Offer or Solicitation
This communication is for informational purpose only and not a
proxy statement or solicitation of a proxy, consent or
authorization with respect to any securities or in respect of the
potential transaction and shall not constitute an offer to sell or
a solicitation of an offer to buy the securities of Bullish or
FPAC, nor shall there be any sale of any such 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 such state or jurisdiction. No offer of
securities shall be made except by means of a prospectus meeting
the requirements of section 10 of the Securities Act.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211101005999/en/
Christina Pantin media@bullish.com
investors@bullish.com
contact@farpeak.com
Far Peak Acquisition (NYSE:FPAC)
Historical Stock Chart
From Oct 2024 to Nov 2024
Far Peak Acquisition (NYSE:FPAC)
Historical Stock Chart
From Nov 2023 to Nov 2024