AMCI Acquisition Corp. II Announces the Separate Trading of its Common Stock and Warrants, Commencing September 24, 2021

Rhea-AI Summary

AMCI Acquisition Corp. II (Nasdaq: AMCIU) announced that starting on or about September 24, 2021, holders of its Units can separately trade shares of Class A common stock (AMCI) and Warrants (AMCIW). This separation will allow Units not separated to continue trading under AMCIU on Nasdaq. The Company focuses on mergers and acquisitions in sustainability and energy transition sectors.

For separation, brokers must contact Continental Stock Transfer & Trust Company, and no fractional Warrants will be issued.

Positive

• Opportunity for Unit holders to trade stock and Warrants separately, enhancing liquidity.
• Focus on sustainability and energy transition could attract investors.

Negative

• No assurance that the proceeds will be used as indicated, leading to potential uncertainty.

GREENWICH, Conn., Sept. 20, 2021 /PRNewswire/ -- AMCI Acquisition Corp. II (Nasdaq: AMCIU) (the "Company") announced today that, commencing on or about September 24, 2021, the holders of the Company's units (the "Units") may elect to separately trade the shares of Class A common stock (the "Common Stock") and warrants (the "Warrants") included in the Units. The Common Stock and Warrants that are separated will trade on The Nasdaq Capital Market ("Nasdaq") under the symbols "AMCI" and "AMCIW", respectively. Units that are not separated will continue to trade on Nasdaq under the symbol "AMCIU". No fractional Warrants will be issued upon separation of the Units and only whole Warrants will trade. Holders of Units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the Units into Common Stock and Warrants.

AMCI Acquisition Corp. II is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company intends to focus on investment opportunities centered around the themes of sustainability, decarbonization and energy transition.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering was made only by means of a prospectus. Copies of the prospectus relating to this offering may be obtained from Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, NY 10055, by telephone at (888) 474-0200 or by e-mail at ecm.prospectus@evercore.com.

Cautionary Note Concerning Forward-Looking Statements

This press release contains statements that constitute "forward-looking statements," including with respect to the search for an initial business combination. No assurance can be given that the proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement for the Company's initial public offering filed with the U.S. Securities and Exchange Commission (the "SEC"). Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact

Nimesh Patel
Chief Executive Officer and Director
AMCI Acquisition Corp. II
203-625-9200
npatel@amcigroup.com

 

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SOURCE AMCI Acquisition Corp. II

FAQ

When can AMCI Acquisition Corp. II shareholders trade their common stock and warrants separately?

Holders can trade separately starting on or about September 24, 2021.

What symbols will the separated stock and warrants trade under?

The common stock will trade under AMCI and the warrants under AMCIW.

What does AMCI Acquisition Corp. II focus on for investments?

The Company focuses on mergers and acquisitions in sustainability, decarbonization, and energy transition.

What should holders do to separate their Units into stock and warrants?

Holders must contact their brokers to separate Units through Continental Stock Transfer & Trust Company.