Qomolangma Acquisition Corp. Announces the Separate Trading of its Common Stock, Rights and Warrants
November 22 2022 - 4:26PM
Qomolangma Acquisition Corp. (Nasdaq: QOMOU) (the “Company”)
announced that, commencing Friday, November 25, 2022, holders of
the units sold in the Company’s initial public offering of
5,273,000 units (the “Units”) may commence separate trading of the
underlying component securities. Each Unit consists of one share of
common stock of the Company, par value $0.0001 (the “Common
Stock”), one redeemable warrant, which is exercisable for one share
of Common Stock at a price of $11.50 per share, and one right to
receive one-tenth (1/10th) of one share of Common Stock upon the
consummation of the Company’s initial business
combination. Those Units not separated will continue to trade
on the Nasdaq Capital Market (“Nasdaq”) under the symbol “QOMOU.”
The shares of Common Stock, rights and warrants
that are separated will trade on Nasdaq under the symbols “QOMO,”
“QOMOR” and “QOMOW,” respectively. Holders of Units will need to
have their securities brokers contact American Stock Transfer &
Trust Company, LLC at 6201 15th Avenue, Brooklyn, NY 11219, the
Company’s transfer agent, in order to separate the Units into
shares of Common Stock, rights and warrants.
The Units were initially offered by the Company
in an underwritten offering through Ladenburg Thalmann & Co.
Inc., which acted as the sole book runner for the offering. A
registration statement relating to the Units and the underlying
securities was declared effective by the Securities and Exchange
Commission (the “SEC”) on September 29, 2022. Copies of the
registration statement can be accessed through the SEC’s website at
www.sec.gov.
About Qomolangma Acquisition
Corp.
Qomolangma Acquisition Corp. is a blank check
company formed under the laws of the State of Delaware for the
purpose of effecting a merger, share exchange, asset acquisition,
stock purchase, reorganization or similar business combination with
one or more businesses.
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 final
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.
Company Contacts:
Jonathan P. Myers President and Chief Executive Officer 1178
Broadway, 3rd Floor New York, NY 10001 (646) 791-7587
Email: jmyers@ventac-partners.com
Source: Qomolangma Acquisition Corp.
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