SANTA MONICA, Calif., Jan. 25, 2021 (GLOBE NEWSWIRE) — Science Strategic Acquisition Corp. Alpha (the “Company”) introduced at present that it priced its preliminary public providing of 27,000,000 models at $10.00 per unit. The models will probably be listed on the Nasdaq Capital Market and commerce underneath the ticker image “SSAAU” starting January 26, 2021. Each unit consists of 1 share of the Company’s Class A frequent inventory and one-third of 1 redeemable warrant. Each complete warrant entitles the holder thereof to buy one share of the Company’s Class A frequent inventory at a worth of $11.50 per share. Only complete warrants are exercisable. Once the securities comprising the models start separate buying and selling, the Class A typical inventory and redeemable warrants are anticipated to be listed on the Nasdaq Capital Market underneath the symbols “SSAA” and “SSAAW,” respectively.
The Company is a clean test firm fashioned for the aim of effecting a merger, share alternate, asset acquisition, inventory buy, reorganization or comparable business mixture with a number of companies. The Company intends to deal with companies working within the direct-to-consumer manufacturers, direct-to-consumer providers and cellular and social leisure sectors.
Credit Suisse is performing as sole book-running supervisor. The Company has granted the underwriter a 45-day choice to buy as much as an extra 4,050,000 models on the preliminary public providing worth to cowl over-allotments, if any.
The providing is being made solely via a prospectus. When accessible, copies of the prospectus could also be obtained from Credit Suisse Securities (USA) LLC, Attn: Prospectus Department, 6933 Louis Stephens Drive, Morrisville, North Carolina 27560, Telephone: 1-800-221-1037, Email: [email protected].
The registration assertion regarding the securities turned efficient on January 25, 2021. This press launch shall not represent an supply to promote or the solicitation of a proposal to purchase, nor shall there be any sale of those securities in any state or jurisdiction by which such supply, solicitation or sale could be illegal previous to registration or qualification underneath the securities legal guidelines of any such state or jurisdiction.
Forward-Looking Statements
This press launch incorporates statements that represent “forward-looking statements,” together with with respect to the proposed preliminary public providing and the anticipated use of the web proceeds. No assurance may be on condition that the providing mentioned above will probably be accomplished on the phrases described, or in any respect, or that the web proceeds of the providing will probably be used as indicated. Forward-looking statements are topic to quite a few circumstances, lots of that are past the management of the Company, together with these set forth within the “Risk Factors” part of the Company’s preliminary prospectus regarding the providing filed with the U.S. Securities and Exchange Commission (the “SEC”). Copies can be found on the SEC’s web site, www.sec.gov. The Company undertakes no obligation to replace these statements for revisions or modifications after the date of this launch, besides as required by legislation.
Investor Contact
Priscilla Guevara
[email protected]
