HONG KONG, May 11, 2021 /PRNewswire/ -- Magnum Opus
Acquisition Limited (the "Company") announced today that,
commencing May 14, 2021, holders of
the units sold in the Company's initial public offering of
20,000,000 units, completed on March 25,
2021, may elect to separately trade the shares of Class A
ordinary shares and warrants included in the units. Those units not
separated will continue to trade on the New York Stock Exchange
(the "NYSE") under the symbol "OPA.U," and the shares of Class A
ordinary shares and warrants that are separated will trade on the
NYSE under the symbols "OPA" and "OPA WS," 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 offering was made only by means of a prospectus, copies of
which may be obtained from Credit Suisse Securities (USA) LLC, Attn: Prospectus Department, 6933
Louis Stephens Drive, Morrisville, North
Carolina 27560, Telephone: 1-800-221-1037, Email:
usa.prospectus@credit-suisse.com.
Credit Suisse Securities (USA)
LLC is acting as the representative of the several Underwriters. A
registration statement relating to the securities has been declared
effective by the U.S. Securities and Exchange Commission (the
"SEC") on March 22, 2021. 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.
About Magnum Opus Acquisition Limited
The Company was formed for the purpose of effecting a merger,
share exchange, asset acquisition, share purchase, reorganization
or similar business combination with one or more businesses.
Although the Company's efforts to identify a prospective business
combination opportunity will not be limited to a particular
industry, it intends to search globally for a target with
operations or prospectus focusing on global consumer, technology or
media sectors with disruptive growth potential through the use of
technology that can benefit from operations in Asia, and to seek proprietary and unique
targets that can benefit from its large addressable markets
underpinned by strong consumer-driven shifts. It also aims to
identify proven business models that can be tailored to the Asian
market and benefit from accelerated growth.
Cautionary Note Concerning Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the
Company's search for an initial business combination. No assurance
can be given that the Company will ultimately complete a business
combination transaction. 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 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.
Investor Contact
Hou Pu Jonathan Lin
Chief Executive Officer
15th Floor, Nexxus Building
77 Des Voeux Road
Central, Hong Kong
+852 3757 9857
jonathan.lin@opusacquisition.com
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SOURCE Magnum Opus Acquisition Limited