Thunder Bridge Capital Partners IV, Inc. Announces Separate Trading of its Class A Common Stock and Warrants, Commencing August 20, 2021
Thunder Bridge Capital Partners IV, Inc. (Nasdaq: THCPU) announced the commencement of separate trading for shares of its Class A common stock and warrants starting August 20, 2021. Holders of the 23,652,784 units from the IPO can elect to separate their units, with the Class A common stock trading under the symbol 'THCP' and the warrants under 'THCPW.' No fractional warrants will be issued. The company is a blank check firm aiming for a business combination primarily in the financial services sector. A registration statement was declared effective on June 29, 2021.
- Commencement of trading for Class A common stock and warrants may enhance liquidity for investors.
- Companies formed for mergers or acquisitions can potentially drive stock value.
- Effective registration statement allows the company to trade securities legally.
- None.
New York, NY, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Thunder Bridge Capital Partners IV, Inc. (Nasdaq: THCPU) (the “Company”) announced today that, commencing August 20, 2021, holders of the 23,652,784 units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s 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 Global Market (“Nasdaq”) under the symbols “THCP” and “THCPW”, respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated will continue to trade on Nasdaq under the symbol “THCPU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into shares of Class A common stock and warrants.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission (“SEC”) and was declared effective on June 29, 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 the units and the underlying securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The initial public offering was made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.
The Company 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. While the Company may pursue an initial business combination target in any business or industry, it intends to focus its search on companies in the financial services industry. The Company is led by Chief Executive Officer Gary A. Simanson.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute “forward-looking statements.” 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 final prospectus for the initial public offering filed with the SEC. Copies 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.
CONTACT
Gary A. Simanson
202.431.0507
gsimanson@thunderbridge.us
FAQ
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