Consilium Acquisition Corp I, Ltd. Announces the Separate Trading of its Class A Ordinary Shares, Rights and Redeemable Warrants Commencing March 7, 2022
03 Marzo 2022 - 10:19PM
Consilium Acquisition Corp I, Ltd. (Nasdaq: CSLMU) (the “Company”)
today announced that, commencing March 7, 2022, holders of the
units sold in the Company’s initial public offering of 18,975,000
units may elect to separately trade the Class A ordinary shares,
rights and redeemable warrants included in the units. Those units
not separated will continue to trade on the Nasdaq Global Market
(“Nasdaq”) under the symbol “CSLMU,” and the Class A ordinary
shares, rights and redeemable warrants that are separated will
trade on Nasdaq under the symbols “CSLM,” “CSLMR” and “CSLMW,”
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 Class A ordinary shares, rights and
redeemable warrants.
The Company is a blank check company formed for the purpose of
effecting a merger, share exchange, asset acquisition, share
purchase, reorganization or similar business combination with one
or more businesses. The Company intends to focus its search for a
target business in global consumer-focused industries, including
companies that participate in the lifestyle, technology, healthcare
and wellness sectors.
The units were initially offered by the Company in an
underwritten offering. BTIG, LLC (“BTIG”) acted as sole
book-running manager. I-Bankers Securities, Inc. acted as
co-manager for the offering.
The offering was made only by means of a prospectus, copies of
which may be obtained for free from the U.S. Securities and
Exchange Commission (the “SEC”) website at www.sec.gov or by
contacting BTIG, LLC, 65 East 55th Street, New York, NY 10022, or
by email at ProspectusDelivery@btig.com.
The registration statement relating to the securities became
effective on January 12, 2022. 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.
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. Copies of
such filings 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.
Contact:
Charles Cassel ccassel@consimllc.com
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