Senior Connect Acquisition Corp. I Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing on or...
January 27 2021 - 4:05PM
Senior Connect Acquisition Corp. I (the “Company”) announced today
that holders of the units sold in the Company’s initial public
offering of 41,400,000 units completed on December 15, 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 February 1, 2021. Any units not separated will continue to
trade on The Nasdaq Capital Market (“Nasdaq”) under the symbol
“SNRHU”, and each of the shares of Class A common stock and
warrants will separately trade on Nasdaq under the symbols “SNRH”
and “SNRHW,” 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.
About Senior Connect Acquisition Corp.
I
Senior Connect Acquisition Corp. I 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 or
entities. While the Company may pursue an initial business
combination with a company in any sector or geography, the Company
intends to focus its search on businesses serving the senior market
or capable of being repositioned to do so.
A registration statement relating to these
securities was declared effective by the U.S. Securities and
Exchange Commission (the “SEC”) on December 10, 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 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 the offering may
be obtained from Citigroup Global Markets Inc., Attention:
Prospectus Department, c/o Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, NY 11717, or by telephone at (800)
831-9146.
Cautionary Note Concerning
Forward-Looking Statements
This press release contains statements that
constitute "forward-looking statements," including with respect to
the 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.
# # #
Investor ContactRyan BurkeSenior
Connect Acquisition Corp. I(480) 948-9200
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