SAO PAULO, July 18, 2014 /PRNewswire/ -- Garnero Group
Acquisition Company (NASDAQ: GGACU) (the "Company") announced today
that it has been informed by EarlyBirdCapital, Inc., the
representative of the underwriters in the Company's initial public
offering, that holders of the Company's units will be able to
separately trade the ordinary shares, rights and warrants included
in such units commencing on or about July
23, 2014. The ordinary shares, rights and warrants
will be listed on the NASDAQ Capital Market ("NASDAQ") under the
symbols GGAC, GGACR and GGACW, respectively. Units not
separated will continue to be listed on NASDAQ under the symbol
GGACU.
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. The offering was made only by means of a
prospectus, copies of which may be obtained by visiting the U.S.
Securities and Exchange Commission website at
http://www.sec.gov. Alternatively, a copy of the prospectus
relating to the offering may be obtained from EarlyBirdCapital,
Inc., 275 Madison Avenue, 27th Floor, New
York, NY 10016, Attn: Aimee
Bloch, 212-661-0200.
Garnero Group Acquisition Company is a blank check company
organized for the purpose of effecting a merger, capital stock
exchange, asset acquisition or other similar business combination
with one or more businesses or entities. The Company's efforts to
identify a prospective target business will not be limited to any
particular industry or geographic region, however the Company
initially intends to focus the search on target businesses located
in Latin America (with a
particular emphasis on Brazil) or
Europe operating in the energy
(including renewables) and biotechnology industries or target
businesses in such industries operating outside of those geographic
locations which the Company believes would benefit from expanding
their operations to such locations.
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, based upon the current beliefs and
expectations of the Company's management, are subject to risks and
uncertainties, which could cause actual results to differ from the
forward looking statements.
Renata Gimenes –
renatagimenes@rp1.com.br
Edvaldo Chequetti – edvaldochequetti@rp1.com.br
Marcia Glogowski – marciaglogowski@rp1.com.br
RP1 Comunicacao
Tel.: 11 5501-4655
www.rp1.com.br
SOURCE Garnero Group Acquisition Company