Decarbonization Plus Acquisition Corporation III Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing May 14, 2021

Rhea-AI Summary

Decarbonization Plus Acquisition Corporation III (DCRCU) announced that starting May 14, 2021, holders of its IPO units can trade Class A common stock and warrants separately on NASDAQ. The Class A common stock will trade under the symbol DCRC, and warrants under DCRCW. Unseparated units will continue to trade as DCRCU. This move provides investors with more flexibility but does not constitute an offer to sell securities in jurisdictions where it would be unlawful.

MENLO PARK, May 14, 2021 /PRNewswire/ -- Decarbonization Plus Acquisition Corporation III (NASDAQ: DCRCU) (the "Company") announced that, commencing May 14, 2021, holders of the units sold in the Company's initial public offering may elect to separately trade the shares of Class A common stock and warrants included in the units. The shares of Class A common stock and warrants that are separated will trade on the NASDAQ Capital Market ("NASDAQ") under the symbols "DCRC" and "DCRCW," respectively. Those units not separated will continue to trade on NASDAQ under the symbol "DCRCU."

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. The offering was made only by means of a prospectus. Copies of the final prospectus related to the offering may be obtained from Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, 6933 Louis Stephens Drive, Morrisville, North Carolina 27560, by telephone at 1-800-221-1037, or by email at usa.prospectus@credit-suisse.com or Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, at 1-800-831-9146 or by email at Prospectus@citi.com.

Decarbonization Plus Acquisition Corporation III

Decarbonization Plus Acquisition Corporation III is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Forward-Looking Statements

This press release 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. All 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," "estimate," "expect," "intend" 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

Investors:

Peter Haskopoulos, Chief Financial Officer
Email: phaskopoulos@riverstonellc.com
Phone: 212-271-6247

Media:

Daniel Yunger / Jeffrey Taufield
Kekst CNC
daniel.yunger@kekstcnc.com / jeffrey.taufield@kekstcnc.com

View original content:http://www.prnewswire.com/news-releases/decarbonization-plus-acquisition-corporation-iii-announces-the-separate-trading-of-its-class-a-common-stock-and-warrants-commencing-may-14-2021-301291681.html

SOURCE Decarbonization Plus Acquisition Corporation III

FAQ

What is the significance of the separate trading for DCRCU?

The separate trading allows investors to trade Class A common stock and warrants independently, providing more flexibility.

When did trading separately for DCRCU units commence?

Trading separately for DCRCU units commenced on May 14, 2021.

What are the new trading symbols for DCRCU's Class A common stock and warrants?

Class A common stock will trade under the symbol DCRC, and the warrants will trade under DCRCW.

Do the separated securities constitute an offer to sell?

No, the separate trading does not constitute an offer to sell or solicit an offer to buy securities.

What is Decarbonization Plus Acquisition Corporation III's primary purpose?

It is a blank check company formed for various business combinations, including mergers and acquisitions.