Lazard Growth Acquisition Corp. I Announces the Separate Trading of Its Class a Ordinary Shares & Warrants Commencing April 5...
April 02 2021 - 4:20PM
Business Wire
Lazard Growth Acquisition Corp. I (Nasdaq: LGAC) (the “Company”)
today announced that, commencing April 5, 2021, holders of the
57,500,000 units sold in its initial public offering may elect to
separately trade shares of the Company’s Class A ordinary shares
and warrants included in the units. Class A ordinary shares and
warrants that are separated will trade on Nasdaq under the symbols
“LGAC” and “LGACW”, respectively. No fractional warrants will be
issued upon separation of the units and only whole warrants will
trade. Those units not separated will continue to trade on Nasdaq
under the symbol “LGACU”. 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 ordinary shares and warrants.
The Company is a blank check company, incorporated as a Cayman
Islands exempted company for the purpose of effecting a merger,
share exchange, asset acquisition, share purchase, reorganization
or similar business combination with one or more businesses. The
Company believes the growth-oriented subsectors of the healthcare,
technology, energy transition, financial and consumer sectors
present particularly attractive investment opportunities, although
it will not be limited to a particular industry or geographic
region in its identification and acquisition of a target
company.
The Registration Statement relating to these securities was
declared effective by the U.S. Securities and Exchange Commission
(the “SEC”) on February 9, 2021.
The offering has been made only by means of a prospectus. Copies
of the Registration Statement and the prospectus relating to the
offering may be obtained for free by visiting EDGAR on the SEC’s
website at www.sec.gov. In addition, copies of the prospectus 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.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, 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.
Cautionary Note Regarding 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 Registration Statement and the prospectus
relating to the offering. Copies are available on the SEC’s website
at www.sec.gov. The Company undertakes no obligation to update
these statements for revisions or changes after the date of this
press release, except as required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210402005243/en/
Eyal Ofir Email: LGACinfo@lazard.com
Lazard Growth Acquisitio... (NASDAQ:LGACU)
Historical Stock Chart
From Jun 2024 to Jul 2024
Lazard Growth Acquisitio... (NASDAQ:LGACU)
Historical Stock Chart
From Jul 2023 to Jul 2024