FINTECH ACQUISITION CORP. VI CLASS A COMMON SHARES AND WARRANTS TO COMMENCE TRADING SEPARATELY ON AUGUST 16, 2021

Rhea-AI Summary

FinTech Acquisition Corp. VI (NASDAQ:FTVIU) announced that starting August 16, 2021, holders of the Company’s units can separately trade the Class A common shares and warrants. The units will continue to trade under the symbol “FTVIU,” while the Class A common shares and warrants will trade under “FTVI” and “FTVIW,” respectively. A registration statement for the securities was declared effective on June 23, 2021. This press release does not constitute an offer to sell or buy these securities in any jurisdiction where it would be unlawful.

Positive

• Units can be separately traded from August 16, 2021, enhancing liquidity for investors.
• The transition to separate trading may increase market interest and trading volume.

Negative

• None.

PHILADELPHIA, PA, Aug. 10, 2021 (GLOBE NEWSWIRE) -- FinTech Acquisition Corp. VI (NASDAQ:FTVIU) (the “Company”), a blank-check company formed for the purpose of acquiring or merging with one or more businesses, today announced that the holders of the Company’s units may elect to separately trade the Class A common shares and warrants underlying the units commencing on August 16, 2021. Those units not separated will continue to trade on the NASDAQ Capital Market under the symbol “FTVIU” and the Class A common shares and warrants are expected to trade under the symbols “FTVI” and “FTVIW”, respectively.

A registration statement relating to the units and the underlying securities was declared effective by the Securities and Exchange Commission on June 23, 2021. 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 by means of a prospectus, copies of which may be obtained by contacting Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor, New York, New York 10022; Email: prospectus@cantor.com. Copies of the registration statement can be accessed for free through the SEC's website at www.sec.gov.

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering. 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 offering filed with the Securities and Exchange Commission. The Company undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.

Contact Information:

Amanda Abrams
amanda@ftspac.com
(215) 701-9693

FAQ

What is the significance of FinTech Acquisition Corp. VI separating its units for trading?

The separation allows investors to trade Class A common shares and warrants independently, potentially increasing liquidity and market engagement.

When can investors start trading Class A common shares and warrants of FTVIU?

Investors can start trading the Class A common shares and warrants on August 16, 2021.

What symbols will the Class A common shares and warrants trade under?

The Class A common shares will trade under the symbol 'FTVI,' while the warrants will trade under 'FTVIW.'

Is the separation of units an indication of a company acquisition?

The unit separation itself does not indicate an acquisition but allows for more flexible trading of the securities.

Where can I find more information about FinTech Acquisition Corp. VI's registration statement?

More information can be accessed for free through the SEC's website.