New York, NY, Jan. 11, 2021 (Globe NEWSWIRE) — World wide Spouse Acquisition Corp II (“GPAC II” or the “Company”), a blank look at business shaped for the function of getting into into a merger, share trade, asset acquisition, share acquire, reorganization or very similar business mix with one or extra businesses, currently declared the pricing of its initial community presenting of 27,500,000 units at a cost of $10.00 for each unit. Though the Company may well go after a organization mix goal in any organization, business or sector, the Enterprise intends to emphasis its efforts on completing a organization blend with a enterprise in a single of the adhering to sectors: client food stuff branded goods e-commerce and retail disruptors and the consumerization of health care, as perfectly as sure support sectors and the technological know-how driving variations throughout these sectors and relevant industries.
The models will be listed on the Nasdaq Funds Industry (“Nasdaq”) and trade beneath the ticker symbol “GPACU” starting January 12, 2021. Each device is composed of (i) one particular Class A everyday share, (ii) a person-sixth of one redeemable warrant and (iii) the contingent appropriate to acquire, in sure conditions, another one particular-sixth of 1 redeemable warrant at the time of the Company’s original enterprise mix. Every single full warrant entitles the holder thereof to purchase one particular Course A everyday share of the Enterprise at a cost of $11.50 per share. After the securities comprising the units start off individual trading, the Course A ordinary shares and warrants are anticipated to be stated on Nasdaq below the symbols “GPAC” and “GPACW”, respectively. The presenting is predicted to shut on January 14, 2021, issue to customary closing circumstances.
UBS Securities LLC and RBC Money Marketplaces, LLC are performing as joint guide functioning administrators for the presenting. The Organization has granted the underwriters a 45-working day choice to invest in up to an supplemental 2,500,000 models at the original public providing selling price to include over-allotments, if any.
The featuring is becoming designed only by indicates of a prospectus. Copies of the prospectus may possibly be acquired from UBS Securities LLC, Focus: Prospectus Section, 1285 Avenue of the Americas, New York, NY 10019, or by phone at (888) 827-7275 or electronic mail at
[email protected], or RBC Capital Marketplaces, LLC, Focus: Fairness Syndicate, 200 Vesey Road, 8th Flooring, New York, NY 10281, or by telephone at (877) 822-4089 or e mail at [email protected].
A registration statement relating to the securities grew to become efficient on January 11, 2021. This press launch shall not represent an offer you to promote or the solicitation of an present to obtain, nor shall there be any sale of these securities in any condition or other jurisdiction in which these present, solicitation or sale would be illegal prior to registration or qualification underneath the securities guidelines of any these point out or other jurisdiction.
Cautionary Be aware Concerning Forward-Hunting Statements
This interaction includes statements that represent “forward-hunting statements,” together with with respect to the closing of the Company’s proposed original general public offering and the predicted use of the internet proceeds from the offering. No assurance can be supplied that the supplying will be concluded on the phrases explained, or at all, or that the internet proceeds will be utilized as indicated. Ahead-looking statements are matter to numerous pitfalls and uncertainties, lots of of which are further than the handle of the Corporation, which includes individuals set forth in the Risk Factors portion of the Company’s registration statement and preliminary prospectus relating to the supplying, as submitted with the U.S. Securities and Trade Commission (“SEC”). Copies are offered on the SEC’s web site, www.sec.gov. The Corporation undertakes no obligation to update these statements right after the date of this release, besides as demanded by legislation.
About World Partner Acquisition Corp II
Global Spouse Acquisition Corp II is a blank test business fashioned for the objective of entering into a merger, share trade, asset acquisition, share buy, reorganization or related business mixture with a person or more businesses. Although the Enterprise could pursue a enterprise mixture concentrate on in any enterprise, industry or sector, the Enterprise intends to concentration its attempts on completing a enterprise mix with a corporation in a person of the adhering to sectors: shopper foodstuff branded products and solutions e-commerce and retail disruptors and the consumerization of health care, as nicely as selected assistance sectors and the know-how driving variations throughout these sectors and relevant industries. The Business believes that its merged team’s abilities have been shown in the sourcing and completion of the GPAC I merger with Purple Innovation Inc., as well as the team’s significant work with Purple since the closing of that merger.
World-wide Spouse Acquisition Corp II