NEW YORK, April 14, 2021 /PRNewswire/ -- Slam
Corp. (NASDAQ: SLAMU) (the "Company") announced that,
commencing April 15, 2021, holders of
the units sold in the Company's initial public offering of
57,500,000 units, completed on February 25,
2021, may elect to separately trade the Class A ordinary
shares and warrants included in the units. Those units not
separated will continue to trade on the Nasdaq Stock Market LLC
("NASDAQ") under the symbol "SLAMU," and the Class A ordinary
shares and warrants that are separated will trade on the NASDAQ
under the symbols "SLAM" and "SLAMW," respectively. 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.
The units were initially offered by the Company in an
underwritten offering. Goldman Sachs & Co. LLC and BTIG, LLC
acted as joint book-running managers for the offering.
The offering was made by means of a prospectus. Copies of the
prospectus relating to the offering may be obtained from: Goldman
Sachs & Co. LLC, Attn: Prospectus Department, 200 West Street,
New York, New York 10282, or
email: prospectus-ny@ny.email.gs.com, or from BTIG, LLC, 65 East
55th Street, New York, New York
10022, or email: equitycapitalmarkets@btig.com.
A registration statement relating to the securities became
effective on February 22, 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 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.
About Slam Corp.
Slam Corp. is a newly organized, blank check company formed for
the purpose of entering into a merger, share exchange, asset
acquisition, share purchase, recapitalization, reorganization or
similar business combination with one or more businesses or
entities. The Company has not selected any business combination
target and will not be limited to a particular industry or
geographic region. The Company's Founding Partners are A-Rod Corp
and Antara Capital LP.
Forward-Looking Statements
This press release may include "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. All statements other than statements of historical fact
included in this press release are forward-looking statements. When
used in this press release, words such as "anticipate," "believe,"
"estimate," "expect," "intend" and similar expressions, as they
relate to us or our management team, identify forward-looking
statements. Such forward-looking statements are based on the
beliefs of management, as well as assumptions made by, and
information currently available to, the Company's management.
Actual results could differ materially from those contemplated by
the forward-looking statements as a result of certain factors
detailed in the Company's filings with the SEC. All subsequent
written or oral forward-looking statements attributable to us or
persons acting on our behalf are qualified in their entirety by
this paragraph. 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 relating to the
Company's initial public offering filed with the SEC. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by
law.
Contacts:
For media inquiries:
Russell Sherman
Prosek Partners
rsherman@prosek.com
For investor inquiries:
Alex Jorgensen
Prosek Partners
ajorgensen@prosek.com
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SOURCE Slam Corp