IG Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing November 23, 2020
20 Novembre 2020 - 10:00PM
IG Acquisition Corp. (NASDAQ: IGACU) (the “Company”) announced
that, commencing November 23, 2020, holders of the units sold in
the Company’s initial public offering may elect to separately trade
shares of the Company’s Class A common stock and warrants included
in the units. No fractional warrants will be issued upon separation
of the units and only whole warrants will trade. Class A common
stock and warrants that are separated will trade on the Nasdaq
Capital Market under the symbols “IGAC” and “IGACW,” respectively.
Those units not separated will continue to trade on the Nasdaq
Capital Market under the symbol “IGACU.”
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities of the Company, 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.
About IG Acquisition Corp.
The Company is a blank check 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. While the Company may pursue an acquisition
in any business industry or sector, it intends to concentrate its
efforts on identifying businesses in the leisure, gaming and
hospitality industries. The Company is led by Chairman Bradley
Tusk, Chief Executive Officer Christian Goode and Chief Financial
Officer Edward Farrell.
Forward-Looking Statements
This press release may include, and oral statements made from
time to time by representatives of the Company 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. Statements regarding
possible business combinations and the financing thereof, and
related matters, as well as all other 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,” “continue,” “could,” “estimate,”
“expect,” “intend,” “may,” “might,” “plan,” “possible,”
“potential,” “predict,” “project,” “should,” “would” 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 Securities and Exchange
Commission (“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 for the Company’s initial public offering filed with the
SEC. 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:
Christian GoodeChief Executive OfficerIG Acquisition Corp.(917)
765-5588
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