Capitalworks Emerging Markets Acquisition Corp Announces Closing of $230 Million Initial Public Offering, Including Full Exercise of the Underwriters’ Over-Allotment Option
03 Dicembre 2021 - 8:00PM
Capitalworks Emerging Markets Acquisition Corp (the “Company”), a
special purpose acquisition company, today announced the closing of
its initial public offering of 23,000,000 units at a price of
$10.00 per unit, which includes the full exercise of the
underwriters’ option to purchase an additional 3,000,000 units from
the Company. The units began trading on The Nasdaq Global Market
(“Nasdaq”) on December 1, 2021, under the ticker symbol “CMCAU”.
Each unit issued in the offering consists of one
Class A ordinary share and one-half of one redeemable warrant. Each
whole warrant entitles the holder thereof to purchase one Class A
ordinary share at a price of $11.50 per share. Once the securities
comprising the units commence separate trading, the Class A
ordinary shares and redeemable warrants are expected to be
respectively listed on Nasdaq under the symbols “CMCA” and “CMCAW”.
No fractional warrants will be issued upon separation of the units
and only whole warrants will trade.
Barclays was the sole book-running manager for
the offering.
A registration statement relating to the
securities became effective on November 30, 2021. The offering was
made only by means of a prospectus, which forms a part of the
registration statement. Copies of the prospectus may be obtained
for free by visiting EDGAR on the Securities and Exchange
Commission’s (the “SEC”) website at www.sec.gov. Alternatively,
copies may be obtained, when available, from Barclays Capital Inc.,
c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, New York, 11717, by email:
Barclaysprospectus@broadridge.com, or by telephone: (888)
603-5847.
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 an offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
About Capitalworks Emerging Markets
Acquisition Corp
Capitalworks Emerging Markets Acquisition Corp
is a newly organized blank check company, incorporated as a Cayman
Islands exempted company 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 acquisition opportunity in any industry
or geographic region, it intends to focus on high-growth companies
operating in select emerging markets, with the ability to replicate
their business models sustainably across other emerging markets or
translate their products, services or technologies to developed
markets.
Cautionary Statement 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 a 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 and prospectus 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.
Capitalworks ContactCody Slach, Alex
ThompsonGateway IR(949) 574-3860CMCA@gatewayir.com
SOURCE: Capitalworks Emerging Markets Acquisition Corp
Grafico Azioni Capitalworks Emerging Ma... (NASDAQ:CMCAU)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Capitalworks Emerging Ma... (NASDAQ:CMCAU)
Storico
Da Giu 2023 a Giu 2024