Vine Hill Capital Investment Corp. Announces the Separate Trading of Its Class A Ordinary Shares and Warrants, Commencing on October 28, 2024
October 25 2024 - 6:00AM
Vine Hill Capital Investment Corp. (Nasdaq: VCICU) (the “Company”),
a special purpose acquisition company, today announced that,
commencing on October 28, 2024, holders of the units (the “Units”)
sold in the Company’s initial public offering may elect to
separately trade the Company’s Class A ordinary shares (the
“Ordinary Shares”) and warrants (the “Warrants”) included in the
Units.
The Ordinary Shares and Warrants received from the
separated Units will trade on the Nasdaq Global Market (“Nasdaq”)
under the symbols “VCIC” and “VCICW”, respectively. Units that are
not separated will continue to trade on Nasdaq under the symbol
“VCICU”. 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 Ordinary Shares and Warrants.
The Company was formed for the purpose of effecting
a merger, amalgamation, share exchange, asset acquisition, share
purchase, reorganization or similar business combination with one
or more businesses. The Company may pursue an initial business
combination in any business, industry, sector or geographical
location, but the Company intends to focus its search on a target
business in the industrial and services industries, where it
believes the expertise of its management team will provide it with
a competitive advantage in completing a successful initial business
combination.
The Units were initially offered by the Company in
an underwritten offering. Stifel, Nicolaus & Company,
Incorporated acted as sole book-running manager for the
offering. Copies of the prospectus relating to the offering
may be obtained from Stifel, Nicolaus & Company, Incorporated,
Attention: Syndicate Department, One South Street, 15th Floor,
Baltimore, Maryland 21202, or by
email: SyndProspectus@Stifel.com or by telephone:
(855) 300-7136.
The registration statement relating to the
securities of the Company was declared effective by the U.S.
Securities and Exchange Commission (the “SEC”) on September 5,
2024. 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 an
offer, solicitation, or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
Forward Looking Statements
This press release contains statements that
constitute “forward-looking statements” that involve risks and
uncertainties. Forward-looking statements are statements that are
not historical facts. Forward-looking statements are subject to
numerous risks and uncertainties, 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 final
prospectus for the Company’s initial public offering filed with the
SEC, which could cause actual results to differ from
forward-looking statements. Copies of these documents 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 release, except as required by law. No
assurance can be given that the Company will ultimately complete a
business combination transaction.
Contact
Nicholas PetruskaVine Hill Capital
Investment Corp.Phone: (954) 848-2859Email:
info@vinehillcapital.comWebsite: https://vinehillcapital.com/
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