NEW YORK, May 29, 2020 /PRNewswire/ -- B. Riley Principal
Merger Corp. II (NYSE: BMRG.U) (the "Company") announced today
that, commencing on or about June 3,
2020, the holders of the Company's units (the "Units") may
elect to separately trade the shares of Class A common stock (the
"Common Stock") and warrants (the "Warrants") included in the
Units. The Common Stock and Warrants that are separated will trade
on The New York Stock Exchange (the "NYSE") under the symbols
"BMRG" and "BMRG WS", respectively. Units that are not separated
will continue to trade on the NYSE under the symbol "BMRG.U". 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 Common Stock and Warrants.
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
which may be obtained from B. Riley FBR, Inc., 299 Park Avenue,
21st Floor, New York, New
York 10171, by telephone at (800) 846-5050 or by email at
prospectuses@brileyfbr.com.
About B. Riley Principal Merger Corp. II
B. Riley
Principal Merger Corp. II is a blank check company incorporated for
the purpose of effecting a merger, capital stock exchange, asset
acquisition, stock purchase, reorganization or other similar
business combination with one or more businesses. While the Company
may pursue a business combination target in any industry or
geographic region, the Company intends to focus on established
businesses with an aggregate enterprise value of approximately
$400 million to $1 billion that would benefit from access to
public markets and the operational and strategic expertise of the
Company's management team and board of directors. The Company is
sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq:
RILY). Visit https://brileyfin.com/principalmergercorp/ for more
information.
Cautionary Note Concerning Forward-Looking
Statements
This press release contains statements that
constitute "forward-looking statements," including with respect to
the initial public offering and search for an initial business
combination. No assurance can be given that the offering discussed
above will be completed on the terms described, or at all, or that
the proceeds of the offering will be used as indicated.
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.
Contacts
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Investors:
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Media:
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Daniel
Shribman
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Jo Anne
McCusker
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dshribman@brileyfin.com
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jmccusker@brileyfin.com
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(212)
457-3300
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(646)
885-5425
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SOURCE B. Riley Principal Merger Corp. II