Osprey Technology Acquisition Corp. Announces Completion of $275,000,000 Initial Public Offering
06 11월 2019 - 6:15AM
Business Wire
Osprey Technology Acquisition Corp. (NYSE:SFTW.U) (the
“Company”), a technology-focused special purpose acquisition entity
formed for the purpose of entering into a merger, capital stock
exchange, asset acquisition, stock purchase, reorganization or
similar business combination with one or more businesses, today
completed its initial public offering of 27,500,000 units at a
price of $10.00 per unit for gross proceeds to the Company of
$275,000,000. The Company's units began trading on November 1, 2019
on the New York Stock Exchange (the “NYSE”) under the symbol
"SFTW.U". Each unit issued in the offering consists of one share of
the Company’s Class A common stock and one-half of one redeemable
warrant. Each whole warrant entitles the holder thereof to purchase
one share of Class A common stock at a price of $11.50 per share.
Once the securities comprising the units begin separate trading,
the Class A common stock and redeemable warrants are expected to be
listed on the NYSE under the ticker symbols “SFTW” and “SFTW.WS,”
respectively. No fractional warrants will be issued upon separation
of the units and only whole warrants will trade.
Credit Suisse Securities (USA) LLC served as the sole
book-running manager and I-Bankers Securities, Inc. served as
co-manager for the offering. The Company has granted the
underwriters a 45-day option to purchase up to an additional
4,125,000 units at the initial public offering price to cover
over-allotments, if any.
An audited balance sheet of the Company as of November 5, 2019
reflecting receipt of the proceeds upon consummation of the initial
public offering and the private placement will be included as an
exhibit to a Current Report on Form 8-K to be filed by the Company
with the U.S. Securities and Exchange Commission.
A registration statement relating to the units and the
underlying securities was declared effective by the U.S. Securities
and Exchange Commission on October 31, 2019. 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.
This offering was made by means of a prospectus, copies of which
may be obtained for free by visiting the U.S. Securities and
Exchange Commission website at http://www.sec.gov. Alternatively, a
copy of the prospectus relating to the offering may be obtained
from Credit Suisse Securities (USA) LLC, Attention: Prospectus
Department, Eleven Madison Avenue, New York, NY10010, or by
telephone at (800) 221-1037, or by email at
newyork.prospectus@credit-suisse.com.
This press release contains statements that constitute
“forward-looking statements,” including with respect to the initial
public offering. 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
prospectus for the offering filed with the U.S. Securities and
Exchange Commission. The Company undertakes no obligation to update
these statements for revisions or changes after the date of this
release, except as required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191105006138/en/
Jeffrey F. Brotman Chief Financial Officer, Chief Legal Officer
and Secretary Osprey Technology Acquisition Corp. (212)
920-1345
Osprey Technology Acquis... (NYSE:SFTW.U)
과거 데이터 주식 차트
부터 1월(1) 2025 으로 2월(2) 2025
Osprey Technology Acquis... (NYSE:SFTW.U)
과거 데이터 주식 차트
부터 2월(2) 2024 으로 2월(2) 2025