NEW YORK, Dec. 22, 2021 /PRNewswire/ -- 7 Acquisition
Corporation (Nasdaq: SVNAU) (the "Company") announced that,
commencing December 23, 2021, holders
of the units sold in the Company's initial public offering of
23,000,000 units, completed on November 9,
2021, may elect to separately trade the Class A ordinary
shares and warrants included in the units. Any units not separated
will continue to trade on The Nasdaq Global Market ("Nasdaq") under
the symbol "SVNAU," and the separated Class A ordinary shares and
warrants are expected to trade on Nasdaq under the symbols "SVNA"
and "SVNAW," 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 and warrants.
The units were initially offered by the Company in an
underwritten offering. Goldman Sachs & Co. LLC acted as the
sole book-running manager of the offering. A registration statement
relating to the units and the underlying securities was declared
effective by the Securities and Exchange Commission (the "SEC") on
November 4, 2021.
The public offering was made only by means of a prospectus,
copies of which may be obtained from 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 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.
About 7 Acquisition Corporation
7 Acquisition Corporation was formed for the purpose of
effecting a merger, share exchange, asset acquisition, share
purchase, recapitalization, reorganization or similar business
combination with one or more businesses or entities. While the
Company will not be limited to a particular industry or geographic
region in its identification and acquisition of a target company,
it currently intends to focus its partner selection efforts on
companies that will contribute to a more sustainable future
consistent with today's Environmental, Social, and Governance,
("ESG") principles. The Company's ESG commitment may focus not only
on the impact of products and services, but also on the business
processes and practices of potential combination partners
themselves, ensuring that their investments benefit the environment
and the diverse communities in which they live and work.
Cautionary Note Concerning 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, including risks
relating to the rapidly changing situation related to the COVID-19
pandemic and other risks. 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. The Company undertakes no obligation
to update these statements for revisions or changes after the date
of this release, except as required by law.
For more information, please contact:
info@7acquisitioncorp.com
Related Links
https://www.7acquisitioncorp.com/
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SOURCE 7 Acquisition Corporation