Spree Acquisition Corp. 1 Limited Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing February 7, 2022
Spree Acquisition Corp. 1 Limited (NYSE: SHAPU) announced that starting February 7, 2022, holders of the units from its IPO can separate and trade the Class A ordinary shares and warrants. These will now be traded under the symbols “SHAP” for shares and “SHAPW” for warrants, while unseparated units will continue to trade under “SHAPU.” The company focuses on merging with mobility-related technology businesses and is led by CEO Eran Plaut. This press release does not constitute an offer to sell or solicit securities.
- Holders can trade Class A shares and warrants separately, enhancing liquidity.
- Focused strategy on mobility-related technology businesses could lead to strategic partnerships.
- None.
NEW YORK, NY, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Spree Acquisition Corp. 1 Limited (NYSE: SHAPU) (the “Company”) announced today that, commencing February 7, 2022, holders of the units sold in the Company’s initial public offering may elect to separately trade the Class A ordinary shares and warrants included in the units. The Class A ordinary shares and warrants that are separated will trade on the New York Stock Exchange under the symbols “SHAP” and “SHAPW,” respectively. Units that are not separated will continue to trade on the New York Stock Exchange under the symbol “SHAPU.”
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 of the Company’s securities was made only by means of a prospectus, copies of which may be obtained from Stifel, Nicolaus & Company, Incorporated, Attn: Syndicate Department, One South Street, 15th Floor, Baltimore, Maryland 21202, or by email: syndprospectus@stifel.com, or by accessing the SEC’s website, www.sec.gov.
About Spree Acquisition Corp. 1 Limited
Spree Acquisition Corp. 1 Limited was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company intends to focus its search on mobility-related technology businesses. The Company is led by Eran (Rani) Plaut, Chairman of the Board and CEO of the Company, Nir Sasson, COO, and Shay Kronfeld, CFO and VP Business of the Company.
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. Copies of such filings are available on the SEC’s website, www.sec.gov. 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
Spree Acquisition Corp. 1 Limited
Shay Kronfeld, CFO & VP Business
sk@spree1.com
FAQ
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