Focus Impact Acquisition Corp. Announces Pricing of $200 Million Initial Public Offering
28 Ottobre 2021 - 4:37AM
Focus Impact Acquisition Corp. (the “Company”), a special purpose
acquisition company formed for the purpose of effecting a merger,
capital stock exchange, asset acquisition, stock purchase,
reorganization, or similar business combination with one or more
businesses, today announced the pricing of its initial public
offering of 20,000,000 units at $10.00 per unit.
The units will be listed on the Nasdaq Stock Market LLC (NASDAQ)
and trade under the ticker symbol “FIACU” beginning tomorrow,
October 28, 2021. Each unit consists of one share of Class A common
stock and one-half of one redeemable warrant. Each whole warrant
entitles the holder thereof to purchase one share of Class A common
stock at a price of $11.50 per share. Only whole warrants are
exercisable. Once the securities comprising the units begin
separate trading, the Company expects that the shares of Class A
common stock and redeemable warrants will be listed on NASDAQ under
the symbols “FIAC” and “FIACW,” respectively.
The Company is sponsored by Focus Impact Sponsor, LLC (the
“Sponsor”). While the Company may pursue an initial business
combination target in any industry, it intends to focus its search
on businesses that are, or seek to be positioned as, a
“Social-Forward Company”, which are companies that marry operating
excellence with the desire to create Social good, with the benefit
of increasing attention and capital flows to such companies while
amplifying their social impact.
Citigroup Global Markets Inc. and Goldman Sachs & Co. LLC
are serving as joint book-running managers for the offering.
CastleOak Securities, L.P. and Siebert Williams Shank are serving
as co-managers for the offering. The Company has granted the
underwriters a 45-day option to purchase up to an additional
3,000,000 units at $10.00 per unit to cover over-allotments, if
any.
A registration statement relating to the securities became
effective on October 27, 2021. The offering is expected to close on
November 1, 2021, subject to customary closing conditions.
The offering is being made only by means of a prospectus. When
available, copies of the prospectus may be obtained by contacting
Citigroup Global Markets Inc., c/o Broadridge Financial Solutions,
1155 Long Island Avenue, Edgewood, NY 11717, telephone number
1-800-831-9146 or Goldman Sachs & Co. LLC, Attention:
Prospectus Department, 200 West St., New York, NY, 10282 or by
telephone at (866) 471-2526 or by e-mail
at prospectus-ny@ny.email.gs.com.
This press release shall not constitute an offer to sell nor 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 StatementsThis press release
contains statements that constitute “forward-looking statements”
related to the initial public offering and search for an initial
business combination. No assurance can be given that the offering
will be completed on the terms described, or at all, or 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 Company’s control, 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.
Contacts:info@focus-impact.com
Grafico Azioni Focus Impact Acquisition (NASDAQ:FIACU)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni Focus Impact Acquisition (NASDAQ:FIACU)
Storico
Da Gen 2024 a Gen 2025