NEW CANAAN, Conn., April 27,
2017 /PRNewswire/ -- Matlin & Partners Acquisition
Corporation (the "Company") (NASDAQ: MPACU) today announced that
the holders of the Company's units may elect to separately trade
the Class A common stock and warrants underlying the units
commencing on April 28, 2017. Those
units not separated will continue to trade on the NASDAQ Capital
Market under the symbol "MPACU" and the Class A common stock and
the warrants are expected to trade under the symbols "MPAC" and
"MPACW", respectively.
The units were initially offered by the Company in an
underwritten offering. Cantor Fitzgerald & Co. acted as
the sole book running manager for the offering.
A registration statement relating to the units and the
underlying securities was declared effective by the Securities and
Exchange Commission on March 9,
2017.
This press release shall not constitute an offer to sell nor the
solicitation of an offer to buy, any 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. A copy of the
final prospectus relating to the offering may be obtained for free
by visiting the U.S. Securities and Exchange Commission website at
http://www.sec.gov. Alternatively, a copy of the prospectus related
to this offering may be obtained from Cantor Fitzgerald & Co.,
Attn: Prospectus Group, 499 Park Avenue, New York NY 10022, by telephone at
1-212-915-1067 or by email at prospectus@cantor.com.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute
"forward-looking statements." 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 offering filed with the Securities and Exchange
Commission ("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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SOURCE Matlin & Partners Acquisition Corporation