NEW YORK–(BUSINESS WIRE)–SOAR Know-how Acquisition Corp. (the “Firm”), a particular function acquisition firm, introduced immediately the pricing of its preliminary public providing of 20,000,000 items at a value of $10.00 per unit. The items shall be listed on the New York Inventory Change (“NYSE”) and can commerce beneath the ticker image “FLYA.U” starting September 16, 2021. Every unit consists of 1 Class A extraordinary share and one-third of 1 redeemable warrant, with every complete warrant entitling the holder thereof to buy one Class A extraordinary share at a value of $11.50 per share. As soon as the securities comprising the items start separate buying and selling, the Class A extraordinary shares and warrants are anticipated to be listed on the NYSE beneath the symbols “FLYA” and “FLYA.WT,” respectively. The preliminary public providing is predicted to shut on September 20, 2021, topic to customary closing circumstances. The Firm has granted the underwriters a 45-day choice to buy as much as 3,000,000 further items on the preliminary public providing value to cowl over-allotments, if any.
SOAR Know-how Acquisition Corp., led by Joe Poulin via his household workplace, JPK Capital, Peter Kern, and Inovia Development Fund II, represented by Chris Arsenault and Patrick Pichette, is a newly organized clean verify firm fashioned for the aim of effecting a merger, share trade, asset acquisition, share buy, reorganization or comparable transaction with a number of companies or entities within the better expertise or tech-enabled industries.
J.P. Morgan Securities LLC, RBC Capital Markets, LLC and BTIG LLC are performing as joint book-running managers within the providing.
The providing is being made solely via a prospectus. When obtainable, copies of the prospectus could also be obtained from:
- J.P. Morgan Securities LLC, c/o Broadridge Monetary Options, 1155 Lengthy Island Avenue, Edgewood, New York 11717; Phone: 1-866-803-9204; E-mail: firstname.lastname@example.org.
- RBC Capital Markets, LLC, Consideration: Fairness Syndicate, 200 Vesey Road, eighth Flooring, New York, New York 10281; Phone: 1-877-822-4089; Electronic mail: email@example.com.
- BTIG LLC, 65 East fifty fifth Road, New York, New York 10022; Phone: 1-212-593-7510. Electronic mail: ProspectusDelivery@btig.com.
A registration assertion regarding the securities turned efficient on September 15, 2021. This press launch shall not represent a proposal to promote or the solicitation of a proposal to purchase, nor shall there be any sale of those securities in any state or jurisdiction through which such provide, solicitation, or sale could be illegal previous to registration or qualification beneath the securities legal guidelines of any such state or jurisdiction
Cautionary Be aware Regarding Ahead-Wanting Statements
This press launch incorporates statements that represent “forward-looking statements,” together with with respect to the proposed preliminary public providing and the anticipated use of the web proceeds. No assurance may be on condition that the proposed preliminary public providing shall be accomplished on the phrases described, or in any respect, or that the web proceeds of the preliminary public providing shall be used as indicated. Ahead-looking statements are topic to quite a few circumstances, a lot of that are past the management of the Firm, together with these set forth within the “Threat Elements” part of the Firm’s registration assertion and preliminary prospectus regarding the Firm’s preliminary public providing filed with the Securities and Change Fee (the “SEC”). Copies can be found on the SEC’s web site at www.sec.gov. The Firm undertakes no obligation to replace these statements for revisions or modifications after the date of this launch, besides as required by relevant legislation.