Firm’s SPAC is concentrating on land and source keeping companies, with the likely to generate, assistance, and/or innovate for the new economic system.
FISHERS, IN / ACCESSWIRE / April 5, 2021 / American Assets Corporation (NASDAQ:AREC) (“American Resources” or the “Organization”), a up coming era and socially dependable provider of uncooked products to the new infrastructure and electrification marketplace, now announced that American Acquisition Prospect Inc., a blank check corporation (the “SPAC” or “AMAO”), in which the Company has an oblique financial commitment, has shut the issuance of an further 506,002 models pursuant to the partial exercising of the underwriter’s around-allotment solution in relationship with the SPAC’s original community offering. The units are mentioned on the Nasdaq Funds Sector (“Nasdaq”) underneath the ticker symbol “AMAOU”. Every single unit is composed of 1 share of the Company’s Class A popular stock and just one-50 % of just one redeemable warrant. Each entire warrant entitles the holder thereof to buy a person share of Class A frequent inventory at a price tag of $11.50 per share. Only entire warrants are exercisable and will trade. The moment the securities comprising the units start out separate investing, shares of the Class A prevalent stock and warrants are predicted to be shown on Nasdaq below the symbols “AMAO” and “AMAOW,” respectively.
American Acquisition Prospect Inc. is a blank check out corporation fashioned for the intent of effecting a merger, capital inventory exchange, asset acquisition, stock invest in, reorganization or comparable business enterprise mix with 1 or more firms. Although the SPAC may possibly pursue an original organization combination target in any company or sector, it intends to concentration its lookup on land and resource holding providers, with the possible to create, guidance, and/or innovate for the new economic system.
Kingswood Funds Markets, division of Benchmark Investments, Inc. acted as the sole reserve running manager for the providing.
The featuring of American Acquisition Option Inc. was manufactured only by usually means of a prospectus. Copies of the prospectus could be acquired, when out there, from Kingswood Funds Marketplaces, division of Benchmark Investments, Inc., Attn: Syndicate Section, 17 Battery Put, Suite 625, New York, New York 10004, by phone at (212) 404-7002, by fax at (646) 861-4697, or by e-mail at [email protected].
A registration statement relating to these securities has been filed with, and declared efficient by, the Securities and Trade Commission (“SEC”) on March 17, 2021. This push release shall not constitute an supply to provide or the solicitation of an supply to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an provide, solicitation or sale would be illegal prior to registration or qualification under the securities guidelines of any this sort of point out or jurisdiction.
Particular Observe Pertaining to Ahead-Wanting Statements
This press launch incorporates statements that constitute “ahead-wanting statements,” including with regard to the initial community offering. No assurance can be presented that the giving talked about previously mentioned will be done on the phrases explained, or at all. Ahead-wanting statements are subject to various situations, numerous of which are outside of the control of the Business, which include individuals established forth in the Possibility Aspects part of the Firm’s registration statement and preliminary prospectus for the featuring filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Firm undertakes no obligation to update these statements for revisions or improvements just after the day of this release, apart from as essential by regulation.
PR Contact
Precision Public Relations
Matt Sheldon
917-280-7329
[email protected]
Investor Get hold of:
JTC Crew, LLC
Jenene Thomas
833-475-8247
[email protected]
RedChip Organizations Inc.
Todd McKnight
1-800-Red-CHIP (733-2447)
[email protected]
Business Get hold of:
Mark LaVerghetta
Vice President of Corporate Finance and Communications
317-855-9926 ext.
[email protected]
Resource: American Assets Corporation
Perspective resource model on accesswire.com:
https://www.accesswire.com/638797/American-Means-Corporation-Announces-Partial-Exercise-of-In excess of-Allotment-Choice-in-Relationship-With-the-Original-General public-Presenting-of-Business-Sponsored-SPAC–American-Acquisition-Opportunity-Inc
