Warrior Technologies Acquisition Company Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing April 19, 2021
Warrior Technologies Acquisition Company announced that starting April 19, 2021, holders of units from its IPO can separately trade shares of Class A common stock and warrants. The Class A common stock will trade under the ticker WARR, and the warrants will trade under WARR.WS, while non-separated units will continue trading as WARR.U. This initiative follows an underwritten offering managed by Raymond James & Associates and EarlyBirdCapital. The registration statement for these securities became effective on February 25, 2021.
- Commencement of separate trading for shares and warrants may enhance liquidity for investors.
- The underwritten offering indicates strong market interest and backing from established financial institutions.
- None.
MIDLAND, Texas, April 16, 2021 /PRNewswire/ -- Warrior Technologies Acquisition Company (the "Company") announced that, commencing April 19, 2021, holders of the units sold in the Company's initial public offering (the "Units") may elect to separately trade the shares of Class A common stock and warrants included in the Units. The Class A common stock and warrants that are separated will trade on the New York Stock Exchange ("NYSE") under the ticker symbols "WARR" and "WARR.WS," respectively. Those Units not separated will continue to trade on NYSE under the ticker symbol "WARR.U."
The Units were initially offered by the Company in an underwritten offering. Raymond James & Associates, Inc. and EarlyBirdCapital, Inc. served as joint book-running managers for the offering.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission ("SEC") and became effective on February 25, 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 an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
ABOUT WARRIOR TECHNOLOGIES ACQUISITION COMPANY
Warrior Technologies Acquisition Company, led by H.H. "Tripp" Wommack III, Todd Overbergen, James P. Benson and Marcus C. "Marc" Rowland, was formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in the environmental services sector with a focus on environmental, social and governance (ESG) practices.
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 prospectus for the 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.
Investor Contact:
H.H. "Tripp" Wommack III
tripp@warr-wtac.com
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SOURCE Warrior Technologies Acquisition Company
FAQ
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