PROVIDENCE, R.I., July 8, 2021 /PRNewswire/ -- Skydeck
Acquisition Corp. (NASDAQ: SKYAU) (the "Company") announced that,
commencing July 9, 2021, holders of
the units sold in the Company's initial public offering of
22,165,962 units (including 2,165,962 units sold in connection with
the partial exercise of the underwriters' over-allotment option),
completed on May 21, 2021, may elect
to separately trade the Class A ordinary shares and warrants
included in the units. Any units not separated will continue to
trade on the Nasdaq Capital Market (the "Nasdaq") under the symbol
"SKYAU," and the separated Class A ordinary shares and warrants are
expected to trade on the Nasdaq under the symbols "SKYA" and
"SKYAW," 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 Class A ordinary shares and
warrants.
The units were initially offered by the Company in an
underwritten offering. J.P. Morgan and Morgan Stanley acted as
book-running managers 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
May 18, 2021.
The offering was made only by means of a prospectus, copies of
which may be obtained from: J.P. Morgan Securities LLC, Attn:
Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717 (telephone:
1-866-803-9204), or by email at
prospectus-eq_fi@jpmchase.com and Morgan Stanley & Co.
LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor,
New York, NY 10014.
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.
About Skydeck Acquisition Corp.
Skydeck Acquisition Corp. is a blank check company formed for
the purpose of entering into a merger, share exchange, asset
acquisition, share purchase, reorganization or similar business
combination with one or more businesses or entities. While the
Company may pursue an initial business combination target in any
business or industry, the Company is focusing on media, technology,
communications and digital health companies in the United
States and other regions.
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 identify
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 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.
For more information, please contact:
Skydeck Acquisition Corp.
Name: Freddy Flaxman
Title: Chief Operating Officer
Phone Number: +1 (650) 516-6431
Email: freddy@skyacq.com
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SOURCE Skydeck Acquisition Corp.
