CENAQ Energy Corp. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing October 4, 2021
October 01 2021 - 9:00AM
CENAQ Energy Corp. (NASDAQ: CENQU) (the “Company”) announced that,
commencing October 4, 2021, holders of the units sold in the
Company’s initial public offering (the “Units”) may elect to
separately trade the shares of Class A common stock and warrants
included in the Units. The shares of Class A common stock and
warrants that are separated will trade on the NASDAQ Stock Market,
LLC (“NASDAQ”) under the ticker symbols “CENQ” and “CENQW,”
respectively. Those Units not separated will continue to trade on
NASDAQ under the ticker symbol “CENQU.”
The Units were initially offered by the Company in an
underwritten offering. Imperial Capital, LLC and I-Bankers
Securities, Inc. acted as book runners for the offering.
A registration statement relating to these securities has been
filed with the Securities and Exchange Commission (“SEC”) and
became effective on August 12, 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 an
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or
jurisdiction.
ABOUT CENAQ ENERGY CORP.
CENAQ Energy Corp. is a newly organized blank check formed for
the purpose of effecting a merger, capital stock exchange, asset
acquisition, stock purchase, reorganization, or similar business
combination with one or more businesses. While the Company reserves
the right to pursue an acquisition opportunity in any business or
industry, CENAQ intends to identify, acquire, and operate a
business in the energy industry in North
America. CENAQ is led by energy industry veterans John B.
Connally III (Chairman), J. Russell Porter (CEO) and Michael J.
Mayell (President and CFO).
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 Company’s registration statement and
prospectus for the 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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