Patria Latin American Opportunity Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing May 4, 2022
May 02 2022 - 7:18PM
Business Wire
Patria Latin American Opportunity Acquisition Corp. (“Patria” or
the “Company”) announced that, commencing May 4, 2022, holders of
the units sold in the Company’s initial public offering of
23,000,000 units completed on March 14, 2022, including the units
sold pursuant the full exercise of the underwriter’s over-allotment
option of 3,000,000 units, may elect to separately trade the Class
A ordinary shares and warrants included in the units. Class A
ordinary shares and warrants that are separated will trade on the
Nasdaq Global Market (“Nasdaq”) under the symbols “PLAO” and
“PLAOW,” respectively. Units not separated will continue to trade
on Nasdaq under the symbol “PLAOU.” No fractional warrants will be
issued upon separation of the units and only whole warrants will
trade.
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.
The offering was made only by means of a prospectus. Copies of
the prospectus may be obtained for free by visiting EDGAR on the
SEC’s website at www.sec.gov. Alternatively, copies of the
prospectus may be obtained for free from J.P. Morgan Securities
LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, New York 11717, telephone: (212) 834-4533 or by emailing
at prospectus-eq_fi@jpmchase.com; Citigroup Global Markets Inc. c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood,
NY 11717, or by telephone at (800) 831-9146.
About Patria Latin American Opportunity Acquisition
Corp.
The Company was formed for the purpose of effecting a merger,
share exchange, asset acquisition, share purchase, reorganization
or similar business combination with one or more businesses. While
the Company may pursue an initial business combination target in
any industry or sector, geography, or stage, the Company intends to
focus its search in Latin America and in sectors where Patria has
developed investment expertise (including but not limited to
healthcare, food and beverage, logistics, agribusiness, education,
and financial services). The Company’s sponsor is associated with
the Brazilian asset management firm Patria Investimentos Ltda.
Cautionary Statement Concerning Forward-Looking
Statements
Certain statements contained in this press release constitute
forward-looking statements. All of these statements are based on
management’s expectations as well as estimates and assumptions
prepared by management that, although they believe to be
reasonable, are inherently uncertain. These statements involve
risks and uncertainties, including, but not limited to, economic,
competitive, governmental and technological factors outside of
Company’s control that may cause its business, industry, strategy,
financing activities or actual results to differ materially. The
Company undertakes no obligation to update or revise any of the
forward-looking statements contained herein, whether as a result of
new information, future events or otherwise.
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Investor Contacts Josh Wood Andre Medina plg@patria.com t
+1 345 640 4900
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