NORTH RICHLAND HILLS, Texas, Dec.
21, 2020 /PRNewswire/ -- Breeze Holdings Acquisition
Corp. (NASDAQ: BREZU) (the "Company") announced today that, on
December 23, 2020, the Company's
units will no longer trade, and that the Company's common stock,
rights, and redeemable warrants, which together comprise the units
will commence trading separately. The common stock, rights, and
warrants will be listed on the Nasdaq Capital Market and trade with
the ticker symbols "BREZ", "BREZR" and "BREZW", respectively. This
is a mandatory and automatic separation, and no action is required
by the holders of units.
Each unit consists of one share of common stock, one right, and
one redeemable warrant. Each right entitles the holder to receive
one-twentieth of one share of common stock upon the Company's
consummation of an initial business combination, and each warrant
entitles the holder to purchase one share of common stock at a
price of $11.50 per share. In the
separation, unit owners will receive the number of shares of common
stock, the number of rights, and the number of redeemable warrants
underlying such units.
About Breeze Holdings Acquisition Corp.
Breeze Holdings Acquisition Corp. is a blank check company
organized for the purpose of effecting a merger, share exchange,
asset acquisition, stock purchase, recapitalization,
reorganization, or other similar business combination with one or
more businesses or entities. It intends to focus on a business
combination with a company in the energy industry in North America.
Forward-Looking Statements
This press release includes forward-looking statements that
involve risks and uncertainties. Forward-looking statements are
statements that are not historical facts. Such forward-looking
statements are subject to risks and uncertainties, which could
cause actual results to differ from the forward-looking statements,
including those set forth in the risk factors section of the
prospectus used in connection with the Company's initial public
offering. The Company expressly disclaims any obligations or
undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change
in the Company's expectations with respect thereto or any change in
events, conditions or circumstances on which any statement is
based, except as required by law.
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SOURCE Breeze Holdings Acquisition Corp.