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Big Sky Growth Partners, Inc. Securities to Commence Separate Trading

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Big Sky Growth Partners, Inc. (Nasdaq: BSKYU) has announced that its Class A common stock and warrants will begin separate trading on June 18, 2021, under the symbols “BSKY” and “BSKYW” respectively. The company, incorporated to facilitate mergers and business combinations, will continue to trade its units as “BSKYU”. Big Sky seeks acquisition opportunities in various industries, leveraging the management team's expertise. This announcement does not constitute an offer to sell or buy securities without proper registration, and forward-looking statements carry inherent risks that may affect actual outcomes.

Positive
  • Class A common stock and warrants will start trading separately, potentially increasing market activity.
  • Focus on creating value in sectors where management has significant expertise may enhance future growth opportunities.
Negative
  • Being a blank check company, the lack of identified acquisition targets poses a risk to investor confidence.
  • Forward-looking statements indicate uncertainty and risks that could materially affect outcomes.

Big Sky Growth Partners, Inc. (Nasdaq: BSKYU) (the “Company”) announced today that separate trading of its Class A common stock and warrants underlying the Company’s units would commence on June 18, 2021. The Class A common stock and warrants will trade under the symbols “BSKY” and “BSKYW”, respectively. Units not separated will continue to be listed on the Nasdaq Capital Market under the symbol “BSKYU”.

Big Sky Growth Partners, Inc. is a newly incorporated blank check company, incorporated as a Delaware company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While the Company may pursue an acquisition opportunity in any business, industry, sector or geographical location, the Company intends to focus its search for opportunities to create value in the sectors where its management team has significant experience and leading edge expertise.

This press release shall not constitute an offer to sell or a 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.

Forward Looking Statements

This press release contains statements that constitute “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements are subject to numerous risks and 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 other filings with the Securities and Exchange Commission and, therefore, actual results could differ materially from those projected in the forward-looking statements. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

FAQ

When will Big Sky Growth Partners' Class A common stock and warrants begin separate trading?

Separate trading of Big Sky Growth Partners' Class A common stock and warrants will commence on June 18, 2021.

What are the trading symbols for Big Sky Growth Partners' Class A common stock and warrants?

The Class A common stock will trade under the symbol 'BSKY' and the warrants under 'BSKYW'.

What is the purpose of Big Sky Growth Partners, Inc.?

The company is a blank check company incorporated to effect mergers, asset acquisitions, and similar business combinations.

What does the press release say about forward-looking statements?

The press release contains forward-looking statements that are subject to risks and uncertainties that may lead to different actual results.

What does 'BSKYU' represent in the stock market?

'BSKYU' refers to the units of Big Sky Growth Partners that will continue to be traded on the Nasdaq Capital Market.

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