AUSTIN, Texas, Dec. 27, 2021 /PRNewswire/ -- New Providence
Acquisition Corp. II (Nasdaq: NPABU) (the "Company") announced
that, commencing December 27, 2021,
holders of the units sold in the Company's initial public offering
of 25,000,000 units (which includes 2,500,000 units sold in
connection with the partial exercise of the underwriter's
over-allotment option), completed on November 9, 2021, may elect to separately trade
the shares of Class A common stock and warrants included in the
units. Those units not separated will continue to trade on the
Nasdaq Global Market ("Nasdaq") under the symbol "NPABU," and the
shares of Class A common stock and warrants that are separated will
trade on Nasdaq under the symbols "NPAB" and "NPABW," respectively.
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.
The units were initially offered by the Company in an
underwritten offering. Deutsche Bank Securities Inc. acted as the
sole book running manager and sole underwriter for the offering.
The registration statements relating to the units and the
underlying securities were declared effective by the Securities and
Exchange Commission (the "SEC") on November
4, 2021.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities of the Company, 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
by contacting Deutsche Bank Securities Inc., Attention: Prospectus
Group, 1 Columbus Circle, New York,
NY 10019; Telephone: (800) 5034611; E-mail:
prospectus.CPDG@db.com.
About New Providence Acquisition Corp. II
The Company
is a newly organized blank check company incorporated in
Delaware for the purpose of
effecting a merger, capital stock exchange, asset acquisition,
share purchase, reorganization or similar business combination with
one or more businesses. The Company has not yet selected any
specific business combination target.
Contact
Please send inquiries to
info@npa-corp.com.
Forward-Looking Statements
This press release may
include "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. All statements
other than statements of historical fact included in this press
release are forward-looking statements. When used in this press
release, words such as "anticipate," "believe," "estimate,"
"expect," "intend" and similar expressions, as they relate to us or
our management team, identify forward-looking statements. Such
forward-looking statements are based on the beliefs of management,
as well as assumptions made by, and information currently available
to, the Company's management. Actual results could differ
materially from those contemplated by the forward-looking
statements as a result of certain factors detailed in the Company's
filings with the SEC. All subsequent written or oral
forward-looking statements attributable to us or persons acting on
our behalf are qualified in their entirety by this paragraph.
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 relating to the Company's initial public
offering filed with the SEC. 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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SOURCE New Providence Acquisition Corp