Elliott Option II Corp. Announces Closing of $609.5 Million Original Community Supplying, Like Comprehensive Training of More than-Allotment Solution
WEST PALM Beach, Fla., July 1, 2021 /PRNewswire/ — Elliott Option II Corp. (“Elliott Prospect II” or the “Business”) introduced right now the closing of its original community giving of units at $10.00 for every device, like 7,950,000 models sold pursuant to the full exercise of the underwriter’s over–allotment selection. Total gross proceeds from the supplying were $609,500,000 right before deducting underwriting savings and commissions and other giving expenses payable by the Enterprise.
The units began buying and selling on the New York Stock Trade (“NYSE”) less than the ticker image “EOCW.U” on June 29, 2021. Just about every unit is composed of 1 Course A regular share and one particular-fourth of a person redeemable warrant. Each total warrant entitles the holder thereof to buy a person Course A normal share at a cost of $11.50 per share. Only entire warrants are exercisable. As soon as the securities comprising the models get started different trading, the Class A standard shares and redeemable warrants are expected to be shown on the NYSE less than the symbols “EOCW” and “EOCW WS,” respectively.
The Enterprise was shaped for the reason of effecting a merger, amalgamation, share trade, asset acquisition, share buy, reorganization or very similar business mix with 1 or a lot more organizations. The Enterprise intends to detect and purchase a business enterprise within the technological innovation and know-how-enabled providers field that has a powerful and established administration team, a primary industry posture, a substantial and expanding full addressable industry, and a track record of sustainable development. Elliott Chance II’s sponsor is Elliott Prospect Sponsor II L.P., an affiliate of Elliott Expenditure Administration L.P.
Credit rating Suisse, Citigroup, UBS Investment Bank, BTIG, Guggenheim Securities and Macquarie Cash acted as joint reserve-managing professionals of the presenting. The presenting was designed only by means of a prospectus. Copies of the prospectus could be received from Credit Suisse Securities (United states) LLC, Consideration: Prospectus Office, 6933 Louis Stephens Push, Morrisville, North Carolina 27560, by emailing usa.prospectus@credit rating-suisse.com or by telephone at (800) 221-1037 from Citigroup International Marketplaces Inc., c/o Broadridge Financial Remedies, 1155 Lengthy Island Avenue, Edgewood, NY 11717, by telephone at 1-800-831-9146 or by electronic mail at [email protected] from UBS Securities LLC, Attn: Prospectus Section, 1285 Avenue of the Americas, New York, NY 10019, by phone at (888) 827-7275 or by electronic mail at [email protected] from BTIG, LLC, 65 East 55th Street, New York, NY, 10022, by email at [email protected] or by telephone at (212) 593-7555 from Guggenheim Securities, LLC, Notice: Fairness Syndicate Section, 330 Madison Avenue, New York, NY 10017, by telephone at (212) 518-5548, or by email at [email protected] or from Macquarie Cash (United states) Inc., 125 West 55th Avenue, New York, NY 10019, Notice: Syndicate Department, or by emailing [email protected].
The registration statement relating to the securities grew to become efficient on June 28, 2021. This press launch shall not constitute an provide to market or the solicitation of an supply to purchase, nor shall there be any sale of these securities in any state or jurisdiction in which these kinds of give, solicitation or sale would be illegal prior to registration or qualification below the securities legal guidelines of any these point out or jurisdiction.
Forward-Wanting Statements
This press release has statements that represent “ahead-on the lookout statements,” which include with respect to the Company’s search for an initial business combination. No assurance can be supplied that the Firm will in the long run entire a small business blend transaction. Forward-hunting statements are subject to various disorders, lots of of which are outside of the management of the Business, including all those established forth in the Danger Components portion of the Firm’s registration assertion and prospectus for the Firm’s featuring submitted with the U.S. Securities and Exchange Commission (the “SEC”). Copies of these documents are out there on the SEC’s web site, www.sec.gov. The Enterprise undertakes no obligation to update these statements for revisions or modifications right after the date of this launch, besides as essential by law.
Investor Contact
Jaime Hobbeheydar
Electronic mail: [email protected]
Cellular phone: (212) 478-2800
Media Get in touch with
Casey Friedman
E-mail: [email protected]
Cell phone: (212) 478-1780
Supply Elliott Chance II Corp.