G Squared Ascend I Inc. Securities to commence separate trading
G Squared Ascend I Inc. (NYSE: GSQD.U) announced that trading of its common stock and warrants will begin separately on March 26, 2021. The common stock will trade under the symbol 'GSQD' and the warrants under 'GSQD.W'. Units that remain unseparated will continue to trade under 'GSQD.U'. As a newly formed blank check company, G Squared Ascend I plans to focus its business combination efforts within the technology sector, specifically targeting six core verticals: Software-as-a-Service, Online Marketplaces, Mobility 2.0/Logistics, Fintech/Insurtech, New Age Media, and Sustainability.
- Commencement of separate trading for common stock and warrants is expected to enhance liquidity.
- Focus on technology sector with specific megatrends may attract potential investors.
- None.
CHICAGO, March 25, 2021 /PRNewswire/ -- G Squared Ascend I Inc. (NYSE: GSQD.U) (the "Company") announced today that separate trading of its common stock and warrants underlying the Company's units would commence on or about March 26, 2021. The common stock and warrants will trade under the symbols "GSQD" and "GSQD.W", respectively. Units not separated will continue to be listed on the New York Stock Exchange under the symbol "GSQD.U".
G Squared Ascend I Inc. is a newly incorporated blank check company, incorporated as a Cayman Islands exempted 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, which we refer to as our initial business combination. While G Squared Ascend I Inc. may pursue an initial business combination opportunity in any business, industry, sector or geographical location, it intends to focus its search within the technology sector, and specifically within six core verticals or "megatrends," including: Software-as-a-Service, Online Marketplaces, Mobility 2.0/Logistics, Fintech/Insurtech, New Age Media and Sustainability.
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.
Contacts:
Antonia Korduba
ir@gsquared.com
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SOURCE G Squared Ascend I Inc.
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