NEW YORK, March 30, 2020 /PRNewswire/ -- CITIC Capital
Acquisition Corp. (NYSE: CCAC.U) ("CITIC" or the "Company")
announced that holders of the units sold in the Company's initial
public offering of 27,600,000 units completed on February 13, 2020 (the "offering") may elect to
separately trade the Class A ordinary shares and warrants included
in the units commencing on or about April 2,
2020. Any units not separated will continue to trade on The
New York Stock Exchange under the symbol "CCAC.U", and each of the
Class A ordinary shares and warrants will separately trade on The
New York Stock Exchange under the symbols "CCAC" and "CCAC WS,"
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 Class A ordinary shares and warrants.
CITIC Capital Acquisition Corp. is a blank check company
incorporated for the purpose of effecting a merger, share exchange,
asset acquisition, share purchase, reorganization or similar
business combination with one or more businesses. While the Company
may pursue an initial business combination target in any business
or industry, the Company intends to search globally for companies
in the energy efficiency, clean technology and sustainability
sectors, with a focus on companies that the Company believes can be
positioned for success in China,
as well as other markets in Asia
and beyond.
A registration statement relating to these securities was
declared effective by the U.S. Securities and Exchange Commission
(the "SEC") on February 10, 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 relating to this offering may be obtained from
Credit Suisse Securities (USA) LLC
at Attn: Prospectus Department, Eleven Madison Avenue, 3rd floor,
New York, NY 10010, by telephone
at (800) 221-1037 or by email at
usa.prospectus@credit-suisse.com.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute
"forward-looking statements," including with respect to the
Company's search for an initial business combination.
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.
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SOURCE CITIC Capital Acquisition Corp.