Elliott Chance II Corp. Announces Pricing of Upsized $530 Million Original General public Providing
WEST PALM Beach, Fla., June 28, 2021 /PRNewswire/ — Elliott Chance II Corp. (“Elliott Opportunity II” or the “Company”) introduced currently that it priced its original community featuring of 53,000,000 models at $10.00 for every device. The models are expected to be detailed on the New York Stock Trade (“NYSE”) and trade underneath the ticker image “EOCW.U” starting on June 29, 2021. Each and every unit is made up of a person Course A standard share and just one-fourth of a person redeemable warrant. Each individual total warrant entitles the holder thereof to obtain one particular Class A regular share at a cost of $11.50 per share. Only whole warrants are exercisable. At the time the securities comprising the models start out different buying and selling, the Class A everyday shares and redeemable warrants are envisioned to be mentioned on NYSE below the symbols “EOCW” and “EOCW WS,” respectively.
The Company was shaped for the function of effecting a merger, amalgamation, share trade, asset acquisition, share order, reorganization or comparable enterprise mix with just one or extra organizations. The Company intends to establish and purchase a enterprise within just the engineering and technology-enabled expert services business that has a strong and confirmed administration team, a leading industry posture, a large and escalating total addressable industry, and a observe history of sustainable growth. Elliott Prospect II’s sponsor is Elliott Prospect Sponsor II L.P., an affiliate of Elliott Investment decision Administration L.P.
Credit score Suisse, Citigroup and UBS Financial investment Lender are performing as joint e book-working administrators of the providing. BTIG, Guggenheim Securities and Macquarie Money are performing as co-professionals of the featuring. The Firm has granted the underwriters a 45-working day solution to purchase up to an added 7,950,000 models at the original public offering cost to deal with in excess of-allotments, if any.
The supplying is getting created only by suggests of a prospectus. When out there, copies of the prospectus may possibly be acquired from Credit score Suisse Securities (Usa) LLC, Notice: Prospectus Office, 6933 Louis Stephens Drive, Morrisville, North Carolina 27560, by e-mailing usa.prospectus@credit score-suisse.com or by telephone at (800) 221-1037 from Citigroup Worldwide Markets Inc., c/o Broadridge Financial Options, 1155 Long Island Avenue, Edgewood, NY 11717, by phone at 1-800-831-9146 or by email at [email protected] or from UBS Securities LLC, Attn: Prospectus Office, 1285 Avenue of the Americas, New York, NY 10019, by phone at (888) 827-7275 or by electronic mail at ol-prospectus-ask [email protected].
A registration assertion relating to the securities has been declared effective by the U.S. Securities and Trade Fee (the “SEC”) on June 28, 2021. This push release shall not represent an supply to market or the solicitation of an offer you to get, nor shall there be any sale of these securities in any point out or jurisdiction in which such provide, solicitation or sale would be illegal prior to registration or qualification below the securities guidelines of any these kinds of condition or jurisdiction.
Ahead-Seeking Statements
This press launch incorporates statements that constitute “forward-on the lookout statements,” like with respect to the proposed initial public featuring and the anticipated use of the web proceeds. No assurance can be offered that the providing talked about previously mentioned will be concluded on the conditions explained, or at all, or that the web proceeds of the supplying will be utilized as indicated. Ahead-searching statements are matter to various problems, many of which are outside of the command of the Business, such as these set forth in the Hazard Things area of the Firm’s registration statement and prospectus for the Firm’s featuring submitted with the SEC. Copies of these paperwork are readily available on the SEC’s web page, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or adjustments right after the day of this release, apart from as expected by law.
Trader Call
Jaime Hobbeheydar
Email: [email protected]
Cellular phone: (212) 478-2800
Media Get in touch with
Casey Friedman
E-mail: [email protected]
Cellular phone: (212) 478-1780
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