World Quantum Growth Acquisition Corp. Announces Separate Trading of its Class A Ordinary Shares and Warrants Commencing October 1, 2021
September 28 2021 - 9:21AM
Business Wire
World Quantum Growth Acquisition Corp. (the “Company”),
announced today that, commencing October 1, 2021, holders of the
units sold in the Company’s public offering of 20,000,000 units,
completed on August 13, 2021, and the subsequent sale of additional
395,000 units in connection with the partial exercise by the
underwriter of its option to purchase up to 3,000,000 units to
cover over-allotments, completed on August 27, 2021, may elect to
separately trade the Class A ordinary shares and warrants included
in the units. Those units not separated will continue to trade on
the New York Stock Exchange (“NYSE”) under the symbol
“WQGA.U,” and the Class A ordinary shares and warrants that are
separated will trade on the NYSE under the symbols “WQGA” and “WQGA
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 Class A ordinary shares and
warrants.
The units were initially offered by the Company in an
underwritten offering. Credit Suisse Securities (USA) LLC acted as
sole book-running manager for the offering.
The offering was made only by means of a prospectus. Copies of
the prospectus related to the offering may be obtained for free by
visiting EDGAR on the SEC's website at www.sec.gov or from Credit
Suisse Securities (USA) LLC, Attention: Prospectus Department, 6933
Louis Stephens Drive, Morrisville, NC 27560, Telephone:
1-800-221-1037, email: usa.prospectus@credit-suisse.com.
The registration statement relating to the securities of the
Company was declared effective by the U.S. Securities and Exchange
Commission (the “SEC”) on August 10, 2021. 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.
About World Quantum Growth Acquisition Corp.
The Company is a special purpose acquisition company formed 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 is sponsored
by World Quantum Growth Acquisition LLC, a Cayman Islands limited
liability company that was organized by, and to which the initial
capital was contributed by, Xavier Rolet KBE, Serge Harry, Antoine
Shagoury and Michel Brogard, among others. Although the Company
will not be limited to a particular industry or geographic region
in its identification and acquisition of a target company, the
Company believes the financial services and the financial
technology sectors in the U.S. and EMEA as well as relevant
technology firms supporting these sectors present particularly
attractive investment opportunities.
Forward-Looking Statements
This press release may contain "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995, including statements relating to the initial public
offering of the Company and its management. The statements involve
risks and uncertainty. Words such as "anticipate," "estimate,"
"expect," "intend," "plan," and "project" and other similar words
and expressions are intended to signify forward-looking statements.
Forward-looking statements are not guarantees of future results and
conditions but rather are subject to various risks and
uncertainties. Such statements are based on the Company's current
expectations and are subject to a number of risks and uncertainties
that could cause actual results to differ materially from those
described in the forward-looking statements. Investors are
cautioned that there can be no assurance actual results or business
conditions will not differ materially from those projected or
suggested in such forward-looking statements as a result of various
risks and uncertainties. No assurance can be given that the
offering discussed above will be completed on the terms described,
or at all, or that the net proceeds of the offering will be used as
indicated. Investors should refer to the risks detailed from time
to time in the reports the Company files or will file with the SEC
for additional factors that could cause actual results to differ
materially from those stated or implied by such forward-looking
statements. The Company disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events, or otherwise, unless
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20210928005756/en/
Serge Harry info@wquantumga.com
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