Chavant Capital Acquisition Corp. Announces the Separate Trading of its Ordinary Shares and Warrants, Commencing on August 10, 2021
03 Agosto 2021 - 10:05PM
Chavant Capital Acquisition Corp. (the “Company”) announced today
that holders of the units sold in the Company’s initial public
offering of 8,000,000 units completed on July 22, 2021 (the
“offering”) may elect to separately trade the ordinary shares and
warrants included in the units commencing on August 10, 2021. Any
units not separated will continue to trade on the Nasdaq Capital
Market (“Nasdaq”) under the symbol “CLAYU”, and each of the
ordinary shares and warrants will separately trade on Nasdaq under
the symbols “CLAY” and “CLAYW,” 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
ordinary shares and warrants.
About Chavant Capital Acquisition Corp.
Chavant Capital Acquisition Corp. is a blank
check company whose business purpose is to effect a merger, capital
stock exchange, asset acquisition, stock purchase, reorganization
or similar business combination with one or more businesses. While
the Company may pursue an initial business combination with a
company in any sector or geography, the Company intends to focus
its search on advanced manufacturing and advanced materials
technology sectors.
A registration statement relating to these
securities was declared effective by the U.S. Securities and
Exchange Commission (the “SEC”) on July 19, 2021. 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 the offering may
be obtained from Roth Capital Partners, 888 San Clemente, Newport
Beach, CA 92660, Attn: Prospectus Department, telephone:
800-678-9147; or Craig-Hallum Capital Group LLC, 222 South Ninth
Street, Suite 350, Minneapolis, MN 55402, Attn: Equity Capital
Markets, telephone: 612-334-6300 or by email at
prospectus@chlm.com; or by accessing the SEC’s website,
www.sec.gov.
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 search for an initial business
combination. No assurance can be given that the 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 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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