American Sources Company Announces Pricing of $100,000,000 Firm Sponsored SPAC

Firm’s SPAC is concentrating on acquisitions in the land keeping and useful resource sector, and will emphasis on advancing land and source property toward a modern-day-day organization model of clean vitality, recycling and redevelopment, and social influence

FISHERS, IN / ACCESSWIRE / March 18, 2021 / American Assets Corporation (NASDAQ:AREC) (“American Assets” or the “Organization”), a up coming era and socially responsible supplier of uncooked resources to the new infrastructure and electrification marketplace, nowadays introduced that American Acquisition Option Inc., a blank examine business (the “SPAC” or “AMAO”), in which the Company has an oblique investment, priced its first general public supplying of 10,000,000 units at $10.00 for every device. The models will be detailed on the Nasdaq Money Sector (“Nasdaq”) and will start buying and selling right now, Thursday, March 18, 2021, underneath the ticker image “AMAOU”. Each device is composed of one particular share of the Firm’s Class A widespread inventory and a single-50 percent of just one redeemable warrant. Each and every entire warrant entitles the holder thereof to acquire 1 share of Course A common inventory at a price tag of $11.50 for every share. Only whole warrants are exercisable and will trade. When the securities comprising the models start different buying and selling, shares of the Course A prevalent stock and warrants are predicted to be mentioned on Nasdaq underneath the symbols “AMAO” and “AMAOW,” respectively.

American Acquisition Prospect Inc. is a blank examine business shaped for the objective of effecting a merger, funds stock exchange, asset acquisition, inventory invest in, reorganization or similar organization mix with a person or more corporations. While the Business may possibly go after an initial business blend target in any business or sector, it intends to concentrate its research on land and useful resource keeping corporations, with the probable to make, guidance, and/or innovate for the new economic climate.

Kingswood Money Markets, division of Benchmark Investments, Inc. is performing as the sole book operating supervisor for the presenting. The Organization has granted the underwriters a 45-day selection to invest in up to an further 1,500,000 models at the original public providing price to include in excess of-allotments, if any.

The offering is becoming designed only by indicates of a prospectus. Copies of the prospectus may be received, when readily available, from Kingswood Funds Marketplaces, division of Benchmark Investments, Inc., Attn: Syndicate Department, 17 Battery Area, Suite 625, New York, New York 10004, by telephone at (212) 404-7002, by fax at (646) 861-4697, or by email at [email protected].

A registration assertion relating to the SPAC securities has been submitted with, and declared effective by, the Securities and Trade Commission (“SEC”) on March 17, 2021. This press release shall not represent an present to offer or the solicitation of an provide to get, nor shall there be any sale of these securities in any point out or jurisdiction in which these kinds of an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities legal guidelines of any these condition or jurisdiction.

Specific Be aware Pertaining to Ahead-On the lookout Statements
This push launch incorporates “forward-searching statements” inside of the indicating of the Private Securities Litigation Reform Act of 1995. Ahead-wanting statements include regarded and unfamiliar challenges, uncertainties, and other essential factors that could result in the Company’s genuine effects, overall performance, or achievements or industry success to differ materially from any long run final results, efficiency, or achievements expressed or implied by these forward-on the lookout statements. These statements are topic to a amount of risks and uncertainties, a lot of of which are over and above American Assets Corporation’s regulate. The terms “believes”, “may”, “will”, “really should”, “would”, “could”, “proceed”, “seeks”, “anticipates”, “plans”, “expects”, “intends”, “estimates”, or similar expressions are intended to recognize ahead-on the lookout statements, while not all forward-seeking statements incorporate this sort of pinpointing text. Any forward-looking statements bundled in this press launch are designed only as of the date of this release. The Business does not undertake any obligation to update or complement any forward-looking statements to reflect subsequent situations or instances. The Firm are unable to guarantee you that the projected final results or events will be reached.

PR Make contact with
Precision Community Relations
Matt Sheldon
[email protected]

Investor Get in touch with:
JTC Workforce, LLC
Jenene Thomas
[email protected]

RedChip Providers Inc.
Todd McKnight
1-800-Crimson-CHIP (733-2447)
[email protected]

Firm Contact:
Mark LaVerghetta
Vice President of Corporate Finance and Communications
317-855-9926 ext.
[email protected]

Resource: American Resources Company

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