Adit EdTech Acquisition Corp. Announces Closing of Underwriters’ Over-Allotment Option in Connection With Its Upsized Initi...
20 1월 2021 - 6:10AM
Business Wire
Adit EdTech Acquisition Corp. (the “Company”) today announced
that it has completed the sale of the full 3,600,000 units pursuant
to the underwriters’ over-allotment option granted in connection
with the Company’s initial public offering. Each unit consists of
one share of common stock and one-half of one redeemable warrant,
with each whole warrant entitling the holder to purchase one share
of common stock at a price of $11.50 per share. The units sold
pursuant to the over-allotment option were sold at an offering
price of $10.00 per unit, generating additional gross proceeds of
$36,000,000 to the Company and bringing the total gross proceeds of
the initial public offering to $276,000,000.
Of the proceeds received from the consummation of the initial
public offering, including the over-allotment option, and
simultaneous private placement of units, an aggregate of
$276,000,000 (or $10.00 per unit sold in the offering) was placed
in trust.
The Company is a blank check company formed for the purpose of
entering into a merger, share exchange, asset acquisition, share
purchase, reorganization or similar 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 for a business that would benefit from the founders' and
management team's experience and ability to identify, acquire and
manage a business in the education, training and education
technology sectors.
EarlyBirdCapital, Inc. acted as sole book-running manager for
the offering and Maxim Group LLC and U.S. Capital Advisors acted as
co-managers.
The offering was made only by means of a prospectus. Copies of
the prospectus may be obtained from EarlyBirdCapital, Inc., 366
Madison Avenue, 8th Floor, New York, NY 10017, Attn: Syndicate
Department, 212-661-0200.
Registration statements relating to the securities became
effective on January 11, 2021 in accordance with Section 8(a) of
the Securities Act of 1933, as amended. 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.
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 the anticipated use of the net proceeds. No
assurance can be given that the net 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 and preliminary prospectus for
the Company's offering filed with the Securities and Exchange
Commission (“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.
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version on businesswire.com: https://www.businesswire.com/news/home/20210119005995/en/
John J. D’Agostino Chief Financial Officer
dagostino@aditedtech.com
Adit EdTech Acquisition (NYSE:ADEX.U)
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부터 4월(4) 2024 으로 5월(5) 2024
Adit EdTech Acquisition (NYSE:ADEX.U)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024