Online Trading of its Class A Common Stock and Warrants

Online Trading of its Class A Common Stock and Warrants

The Company is an unlimited free pass organization framed to go into a merger, capital stock trade, resource acquisition, stock buy, redesign, or comparative business blend with at least one organization. 

NASDAQ: ACAMU at reported today that, beginning April 15, 2019, holders of the 30,557,332 units sold in the Company’s first sale of stock may choose to independently exchange portions of the Company’s Class A typical stock and warrants remembered for the units. No fragmentary warrants will be an endless supply of the units and just entire warrants will be exchanged. Those units not isolated will keep on exchanging on The Nasdaq Capital Market under the image “ACAMU.” Holders of units should have their specialists contact American Stock Transfer and Trust Company, the Company’s exchange operator, so as to isolate the units into portions of Class A typical stock and warrants. 

An enlistment proclamation identifying these protections has been documented with and pronounced compelling by the Securities and Exchange Commission (“SEC”) on February 21, 2019. This official statement will not comprise a proposal to sell or the requesting of a proposal to purchase, nor will there be any offer of these protections in any state or purview in which such an offer, sales or deal would be unlawful before enlistment or capability under the protections laws of any such state or ward. 

Acamar Partners Acquisition Corp. (ACAMU) reported today that it shut the issuance of an extra 557,322 units as per the activity of the financiers’ choice to buy extra units regarding its first sale of stock at $10.00 per unit, bringing about gross continues of $5,573,220 and bringing the all-out gross continues of the first sale of stock to $305,573,220. 

The (ACAMU) Company’s units are recorded on The Nasdaq Capital Market (“Nasdaq”) and started exchanging under the ticker image “ACAMU” on February 22, 2019. Every unit comprises one portion of the Company’s Class A typical stock and 33% of one redeemable warrant. Every entire warrant qualifies the holder therefore to buy one portion of the Class A typical stock at a cost of $11.50 per share. Just entire warrants will be exchanged and be exercisable. When the protections involving the units start separate exchanging, the Class A typical stock and warrants are required to be recorded on Nasdaq under the images “ACAM” and “ACAMW,” individually.  You can do investing online at stock trading app. Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.