Shepherd Ave Capital Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares and Rights, Commencing on January 27, 2025
Shepherd Ave Capital Acquisition (Nasdaq: SPHAU) has announced that starting January 27, 2025, holders of the 8,625,000 units sold in its initial public offering can elect to separately trade the Class A ordinary shares and rights included in the Units.
The Units will continue trading on NASDAQ under 'SPHAU', while separated Class A ordinary shares and rights will trade under 'SPHA' and 'SPHAR' respectively. Unit holders must contact Vstock Transfer, to separate their holdings.
The initial public offering was underwritten by SPAC Advisory Partners , a division of Kingswood Capital Partners A registration statement (File No. 333-280986) for these securities was declared effective by the SEC on December 2, 2024.
Shepherd Ave Capital Acquisition (Nasdaq: SPHAU) ha annunciato che a partire dal 27 gennaio 2025, i possessori delle 8.625.000 unità vendute nella sua offerta pubblica iniziale potranno scegliere di negoziare separatamente le azioni ordinarie di Classe A e i diritti inclusi nelle Unità.
Le Unità continueranno a essere negoziate su NASDAQ con il simbolo 'SPHAU', mentre le azioni ordinarie di Classe A e i diritti separati verranno scambiati con i simboli 'SPHA' e 'SPHAR' rispettivamente. I titolari delle unità devono contattare Vstock Transfer per separare le loro partecipazioni.
L'offerta pubblica iniziale è stata sottoscritta da SPAC Advisory Partners, una divisione di Kingswood Capital Partners. Una dichiarazione di registrazione (File No. 333-280986) per questi titoli è stata dichiarata efficace dalla SEC il 2 dicembre 2024.
Shepherd Ave Capital Acquisition (Nasdaq: SPHAU) ha anunciado que a partir del 27 de enero de 2025, los tenedores de las 8.625.000 unidades vendidas en su oferta pública inicial podrán optar por negociar por separado las acciones ordinarias de Clase A y los derechos incluidos en las Unidades.
Las Unidades continuarán negociándose en NASDAQ bajo 'SPHAU', mientras que las acciones ordinarias de Clase A y los derechos separados se negociarán bajo 'SPHA' y 'SPHAR' respectivamente. Los tenedores de unidades deben contactar a Vstock Transfer para separar sus participaciones.
La oferta pública inicial fue suscrita por SPAC Advisory Partners, una división de Kingswood Capital Partners. Una declaración de registro (File No. 333-280986) para estos valores fue declarada efectiva por la SEC el 2 de diciembre de 2024.
Shepherd Ave Capital Acquisition (Nasdaq: SPHAU)은 2025년 1월 27일부터 초기 공모에서 판매된 8,625,000개의 단위 보유자들이 클래스 A 일반 주식과 단위에 포함된 권리를 별도로 거래할 수 있는 선택권을 가질 수 있다고 발표했습니다.
단위는 'SPHAU'라는 기호 아래 NASDAQ에서 계속 거래되며, 분리된 클래스 A 일반 주식과 권리는 각각 'SPHA' 및 'SPHAR' 아래에서 거래될 것입니다. 단위 보유자는 자산을 분리하기 위해 Vstock Transfer에 연락해야 합니다.
초기 공모는 SPAC Advisory Partners에 의해 인수되었으며, 이는 Kingswood Capital Partners의 한 분과입니다. 이러한 증권에 대한 등록 진술서 (파일 번호 333-280986)가 SEC에 의해 2024년 12월 2일에 효력을 발생했습니다.
Shepherd Ave Capital Acquisition (Nasdaq: SPHAU) a annoncé qu'à partir du 27 janvier 2025, les détenteurs des 8.625.000 unités vendues lors de son introduction en bourse pourront choisir de négocier séparément les actions ordinaires de Classe A et les droits inclus dans les unités.
Les unités continueront à être négociées sur NASDAQ sous 'SPHAU', tandis que les actions ordinaires de Classe A et les droits séparés se négocieront sous 'SPHA' et 'SPHAR' respectivement. Les détenteurs d'unités doivent contacter Vstock Transfer pour séparer leurs avoirs.
L'offre publique initiale a été souscrite par SPAC Advisory Partners, une division de Kingswood Capital Partners. Une déclaration d'enregistrement (Numéro de dossier 333-280986) pour ces titres a été déclarée efficace par la SEC le 2 décembre 2024.
Shepherd Ave Capital Acquisition (Nasdaq: SPHAU) hat angekündigt, dass ab dem 27. Januar 2025 Inhaber der 8.625.000 Einheiten, die in ihrem Börsengang verkauft wurden, die Möglichkeit haben werden, die Class-A-Stammaktien und die im Einheit enthaltenen Rechte separat zu handeln.
Die Einheiten werden weiterhin unter 'SPHAU' an der NASDAQ gehandelt, während die separat handelnden Class-A-Stammaktien und Rechte unter 'SPHA' bzw. 'SPHAR' gehandelt werden. Einheiteninhaber müssen Vstock Transfer kontaktieren, um ihre Bestände zu trennen.
Der Börsengang wurde von SPAC Advisory Partners, einer Division von Kingswood Capital Partners, gezeichnet. Eine Registrierungserklärung (Datei Nr. 333-280986) für diese Wertpapiere wurde am 2. Dezember 2024 von der SEC für wirksam erklärt.
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Wilmington, DE, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Shepherd Ave Capital Acquisition Corporation (the “Company”) (Nasdaq: SPHAU), a blank check company, today announced that, commencing on January 27, 2025, holders of the 8,625,000 units (the “Units”) sold in the Company’s initial public offering (the “Offering”) including Units sold upon the full exercise of the underwriters’ over-allotment option, may elect to separately trade the Class A ordinary shares and rights included in the Units. Any Units not separated will continue to trade on the NASDAQ Global Market (“NASDAQ”) under the symbol “SPHAU.” Any underlying Class A ordinary shares and rights that are separated will trade on the NASDAQ under the symbols “SPHA” and “SPHAR,” respectively. Holders of Units will need to have their brokers contact the Company’s transfer agent, Vstock Transfer, LLC, in order to separate the holders’ Units into Class A ordinary shares and rights.
The Units were initially offered by the Company in an underwritten offering. SPAC Advisory Partners LLC (“SAP”), a division of Kingswood Capital Partners LLC acted as the sole book-running manager for the Offering. A registration statement on Form S-1 (File No. 333-280986) relating to these securities was declared effective by the Securities and Exchange Commission (the “SEC”) on December 2, 2024. The Offering was made only by means of a prospectus, copies of which may be obtained by contacting Kingswood Capital Partners, LLC, 126 East 56th Street, Suite 22S, New York, NY 10022, by calling 212-487-1080, by emailing Syndicate@kingswoodUS.com, or by visiting EDGAR on the SEC’s website at www.sec.gov.
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.
About Shepherd Ave Capital Acquisition Corporation
SPHA is a newly incorporated, blank check company formed in the Cayman Islands for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. While the Company may pursue an initial business combination target in any business or industry, it intends to identify companies with strong management team, niche deal size with growth potential, long-term revenue visibility with defensible market position, and benefits from being a U.S. public company. The sponsor of the Company is Aitefund Sponsor LLC.
Forward-Looking Statements
This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. 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 Registration Statement and related preliminary prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC’s website, www.sec.gov.
Company contact:
William W. Snyder, CEO
221 W 9th St, #859
Wilmington, DE 19801
bill@shepherdavecapital.com
FAQ
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