Flying Eagle Acquisition Corp., Led by Harry Sloan & Founding Investor Jeff Sagansky, Announces the Separate Trading of its C...
April 22 2020 - 6:00AM
Business Wire
Flying Eagle Acquisition Corp. (the “Company”), the sixth public
acquisition vehicle led by Harry Sloan and founding investor Jeff
Sagansky, today announced that holders of the units sold in the
Company’s initial public offering of 69,000,000 units completed on
March 10, 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 April 27, 2020. Any units not separated will
continue to trade on The New York Stock Exchange under the symbol
“FEAC.U”, and each of the shares of Class A common stock and
warrants will separately trade on The New York Stock Exchange under
the symbols “FEAC” and “FEAC WS,” 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.
Flying Eagle 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. The Company’s
efforts to identify a prospective initial business combination
target will not be limited to a particular industry, sector or
geographic region. While the Company may pursue an initial business
combination opportunity in any industry or sector, it intends to
capitalize on the ability of its management team to identify,
acquire and operate a business or businesses that can benefit from
its management team’s established global relationships and
operating experience. The Company’s management team has extensive
experience in identifying and executing strategic investments
globally and has done so successfully in a number of sectors,
including media and entertainment.
A registration statement relating to these securities was
declared effective by the U.S. Securities and Exchange Commission
(the “SEC”) on March 5, 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 an 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 this offering may be obtained from
Goldman Sachs & Co. LLC at 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; or from Deutsche Bank
Securities at 60 Wall Street, New York, NY 10005, Attn: Prospectus
Group, by telephone: 800-503-4611, or by emailing
prospectus.CPDG@db.com.
Cautionary Note Concerning Forward-Looking Statements
This press release contains statements that constitute
“forward-looking statements,” including with respect to the
Company’s 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20200422005249/en/
MEDIA CONTACT: Jeff Pryor/Priority
PR t. (818) 661-6368 e. jeff@prioritypr.net
INVESTOR CONTACT: Eli Baker t.
(424) 284-3519 e. elibaker@geacq.com
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