STAMFORD, Conn., Oct. 12, 2020 /PRNewswire/ -- Atlantic Avenue
Acquisition Corp (the "Company") announced that
commencing October 15, 2020 holders
of units sold in the Company's initial public offering of
25,000,000 units may elect to separately trade the shares of
Class A common stock and warrants included in the units.
Shares of Class A common stock and warrants that are separated
will trade on the New York Stock Exchange ("NYSE") under the
symbols "ASAQ" and "ASAQ WS", respectively. Those units not
separated will continue to trade on the NYSE under the symbol
"ASAQ.U". No fractional warrants will be issued upon separation of
units and only whole warrants will trade.
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 the prospectus may be obtained from Cowen and Company,
LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717, Attn:
Prospectus Department, by telephone at 833-297-2806 or by email at
PostSaleManualRequests@broadridge.com.
About Atlantic Avenue Acquisition Corp
Atlantic Avenue Acquisition Corp is a special purpose
acquisition company formed for the purpose of effecting a merger,
capital stock exchange, asset acquisition, stock purchase,
reorganization or similar business combination with one or more
businesses.
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. 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. Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of the Company. 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, contact:
Barry Best, CFO
info@asaqspac.com
(203) 989-9709
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SOURCE Atlantic Avenue Acquisition Corp