Apollo Strategic Growth Capital II Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing April 5, 2021
Apollo Strategic Growth Capital II announced that starting April 5, 2021, holders of units from its initial public offering can separately trade Class A ordinary shares and warrants. These will be traded on the New York Stock Exchange under the symbols APGB for shares and APGB WS for warrants. The combined units will continue trading under APGB.U. This move does not constitute an offer to sell or solicit securities. As a special purpose acquisition company, Apollo seeks business combinations across various industries.
- Opportunity for unit holders to trade Class A shares and warrants separately, enhancing liquidity.
- Trading symbols APGB and APGB WS facilitate clearer identification of securities.
- None.
NEW YORK, April 02, 2021 (GLOBE NEWSWIRE) -- Apollo Strategic Growth Capital II (the “Company”) announced that commencing April 5, 2021, holders of the units sold in the Company’s initial public offering (including units sold to the underwriters pursuant to their partial exercise of the over-allotment option) may elect to separately trade the Class A ordinary shares and warrants included in the units. Class A ordinary shares and warrants that are separated will trade on the New York Stock Exchange under the symbols “APGB” and “APGB WS,” respectively. Those units not separated will continue to trade on the New York Stock Exchange under the symbol “APGB.U”. No fractional warrants will be issued upon separation of the units and only whole warrants will trade.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, 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.
About Apollo Strategic Growth Capital II
Apollo Strategic Growth Capital II is a special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It may pursue an initial business combination target in any business or industry.
Forward-Looking Statements
This press release may include, and oral statements made from time to time by representatives of Apollo Strategic Growth Capital II may include, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. 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 and prospectus for the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contacts
Apollo Strategic Growth Capital II
For investors please contact:
info@apollostrategicgrowthcapitalii.com
For media inquiries please contact:
communications@apollo.com
FAQ
When can I start trading APGB.U units separately?
What are the trading symbols for Apollo Strategic Growth Capital II's shares and warrants?
What is Apollo Strategic Growth Capital II?
Will fractional warrants be issued upon separation of the units?
What does this press release indicate about future business combinations?
