MIAMI, Aug. 2, 2021 /PRNewswire/ -- JAWS Hurricane
Acquisition Corporation (Nasdaq: HCNEU) (the "Company") announced
that, commencing August 2, 2021,
holders of the units sold in the Company's initial public offering
of 31,625,000 units, completed on June 15,
2021, may elect to separately trade the shares of Class A
common stock and warrants included in the units. Any units not
separated will continue to trade on The Nasdaq Capital Market
("Nasdaq") under the symbol "HCNEU," and the separated shares of
Class A common stock and warrants are expected to trade on Nasdaq
under the symbols "HCNE" and "HCNEW," respectively. No fractional
warrants will be issued upon separation of the units and only whole
warrants will trade. Unitholders 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.
The units were initially offered by the Company in an
underwritten offering. Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC acted
as the joint book-running managers of the offering. A registration
statement relating to the units and the underlying securities was
declared effective by the Securities and Exchange Commission (the
"SEC") on June 10, 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 offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
Cautionary Note Concerning Forward-Looking Statements
This press release may include "forward-looking statements"
within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. All statements other than statements of
historical fact included in this press release are forward-looking
statements. When used in this press release, words such as
"anticipate," "believe," "estimate," "expect," "intend" and similar
expressions, as they relate to us or our management team, identify
forward-looking statements. Such forward-looking statements are
based on the beliefs of management, as well as assumptions made by,
and information currently available to, the Company's management.
Actual results could differ materially from those contemplated by
the forward-looking statements as a result of certain factors
detailed in the Company's filings with the SEC, including risks
relating to the rapidly changing situation related to the COVID-19
pandemic and other risks. All subsequent written or oral
forward-looking statements attributable to us or persons acting on
our behalf are qualified in their entirety by this paragraph.
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 relating to the Company's initial public
offering filed with the SEC. The Company undertakes no obligation
to update these statements for revisions or changes after the date
of this release, except as required by law.
View original
content:https://www.prnewswire.com/news-releases/jaws-hurricane-acquisition-corporation-announces-the-separate-trading-of-its-class-a-common-stock-and-warrants-commencing-august-2-2021-301345965.html
SOURCE JAWS Hurricane Acquisition Corp.