NEW YORK, Nov. 9, 2020 /PRNewswire/ -- Falcon Capital
Acquisition Corp. (the "Company") announced today that holders of
the units sold in the Company's initial public offering of
34,500,000 units completed on September 24,
2020 (the "offering") may elect to separately trade the
shares of Class A common stock and warrants included in the units
commencing on or about November 12,
2020. Any units not separated will continue to trade on The
Nasdaq Capital Market ("Nasdaq") under the symbol "FCACU," and each
of the shares of Class A common stock and warrants will separately
trade on Nasdaq under the symbols "FCAC" and "FCACW," 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 shares of Class A common stock and warrants.
About Falcon Capital Acquisition Corp.
Falcon Capital Acquisition Corp. is a blank check company whose
business purpose is to effect a merger, capital stock exchange,
asset acquisition, stock purchase, reorganization or similar
business combination with one or more businesses or entities. While
the Company may pursue an initial business combination opportunity
in any industry or sector, it intends to focus on businesses in the
media, digital media/consumer technology, interactive entertainment
and related industries which capitalize on its management team's
expertise. The Company's management team is led by Alan G. Mnuchin, the founder and chief executive
officer of Ariliam Group, and the Company has formed an investment
partnership with EEP II Holdings, LLC, or Eagle Equity Partners,
which is a founding investor in the Company's sponsor. For more
information about Falcon Capital Acquisition Corp., please visit
www.falconequityinvestors.com.
A registration statement relating to these securities was
declared effective by the U.S. Securities and Exchange Commission
(the "SEC") on September 21, 2020.
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.
The offering was made only by means of a prospectus. Copies of
the prospectus relating to the offering may be obtained from
Goldman Sachs & Co. LLC, 200 West Street, New York, NY 10282, Attn: Prospectus
Department, by telephone at 866-471-2526 or by emailing
prospectus-ny@ny.email.gs.com.
Cautionary Note Concerning Forward-Looking
Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the search
for an initial business combination. 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 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.
Investor Contact
Saif
Rahman
info@ariliam.com
Media Contact
Gladstone Place Partners
Steven Lipin/Christina Stenson
Falcon@gladstoneplace.com
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SOURCE Falcon Capital Acquisition Corp.