Social Leverage Acquisition Corp I Announces the Separate Trading of its Class A Common Stock & Redeemable Warrants Commencin...
April 02 2021 - 8:30AM
Business Wire
Social Leverage Acquisition Corp I (NYSE: SLAC.U) (the
“Company”) today announced that, commencing April 5, 2021, holders
of the units sold in the Company’s initial public offering of
34,500,000 units completed on February 17, 2021 may elect to
separately trade the shares of Class A common stock and redeemable
warrants included in the units. Those units not separated will
continue to trade on the New York Stock Exchange (“NYSE”) under the
symbol “SLAC.U,” and the shares of Class A common stock and
redeemable warrants that are separated will trade on NYSE under the
symbols “SLAC” and “SLAC 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
shares of Class A common stock and redeemable warrants.
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.
The offering of these securities was made only by means of a
prospectus. Copies of the prospectus related to the initial
offering by the Company may be obtained from Barclays, c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood,
NY 11717, Telephone: (888) 603-5847, Email:
barclaysprospectus@broadridge.com and BofA Securities,
NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC
28255-0001; Attention: Prospectus Department; by telephone at
800-294-1322 or by email at dg.prospectus_requests@bofa.com.
Forward-Looking Statements
This press release includes certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, including the trading on NYSE of the shares and warrants
underlying the units. These forward-looking statements involve many
risks and uncertainties that could cause actual results to differ
materially from those expressed or implied by such statements,
including, without limitation, general market conditions. These
forward-looking statements speak only as of the date of this press
release, and the Company expressly disclaims any obligation or
undertaking to disseminate any updates or revisions to any
forward-looking statement contained herein to reflect any change in
the expectations of the Company with regard thereto or any change
in events, conditions or circumstances on which any such statement
is based. 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 on Form S-1 and the prospectus
related to the Company’s initial public offering.
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version on businesswire.com: https://www.businesswire.com/news/home/20210402005028/en/
Investor Contact: Social Leverage Acquisition Corp
I Douglas Horlick doug@socialleverage.com
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