Mason Industrial Technology, Inc. Announces the Separate Trading of Its Class A Common Stock & Warrants, Commencing on or Abo...
March 18 2021 - 4:01PM
Business Wire
Mason Industrial Technology, Inc. (the “Company”) announced that commencing on or about
March 22, 2021, the holders of the units sold in the Company’s
initial public offering of 50,000,000 units may elect to separately
trade shares of the Company’s Class A common stock and warrants
included in the units. Class A common stock and warrants that are
separated will trade on the New York Stock Exchange under the
symbols “MIT” and “MIT.W,” respectively. Those units not separated
will continue to trade on the New York Stock Exchange under the
symbol “MIT.U.” No fractional warrants will be issued upon
separation of the units and only whole warrants will trade.
The Company is sponsored by Mason Industrial Sponsor, LLC, an
affiliate of Mason Capital Management LLC, a New York based hedge
fund active in public company, private company, event-driven,
credit, shareholder activism and distressed investments. The
Company was formed for the purpose of executing a business
combination in the industrial technology, advanced materials or
specialty chemicals industries.
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.
Forward-Looking Statements
This press release contains statements that constitute
“forward-looking statements” within the meaning of the federal
securities laws. Forward-looking statements inherently involve
risks and uncertainties, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20210318005997/en/
Gasthalter & Co. Jonathan Gasthalter (212) 257-4170
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