Welsbach Technology Metals Acquisition Corp. Announces the Separate Trading of its Common Stock and Rights, Commencing January 20, 2022
20 Januar 2022 - 12:15AM
Welsbach Technology Metals Acquisition Corp. (NASDAQ: WTMAU) (the
“Company”) announced that, commencing January 20, 2022, holders of
the units sold in the Company’s initial public offering may elect
to separately trade shares of the Company’s common stock and rights
included in the units. No fractional rights will be issued upon
separation of the units and only whole rights will trade. Common
stock and rights that are separated will trade on the Nasdaq Global
Market under the symbols “WTMA” and “WTMAR,” respectively. Those
units not separated will continue to trade on the Nasdaq Global
Market under the symbol “WTMAU.”
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities of the Company, 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.
About Welsbach Technology Metals Acquisition Corp.
The Company is a blank check company formed for the purpose of
effecting a merger, capital stock exchange, asset acquisition,
stock purchase, reorganization or similar business combination with
one or more businesses. While the Company may pursue an acquisition
in any business industry or sector, it intends to concentrate its
efforts on targets in the technology metals and energy transition
materials industry. The Company is led by Chief Executive Officer
Daniel Mamadou and Chief Operating Officer Chris Clower.
Forward-Looking Statements
This press release may include, and oral statements made from
time to time by representatives of the Company 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. Statements regarding
possible business combinations and the financing thereof, and
related matters, as well as all other 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,” “continue,” “could,” “estimate,”
“expect,” “intend,” “may,” “might,” “plan,” “possible,”
“potential,” “predict,” “project,” “should,” “would” 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 Securities and Exchange
Commission (“SEC”). 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 for 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.
Contact:
Daniel MamadouChief Executive OfficerWelsbach Technology Metals
Acquisition Corp.(510) 900-0242
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