Golden Falcon Acquisition Corp. Announces Exercise of Underwriters' Over-Allotment Option, Resulting in an Aggregate $345 Million Being Raised in Its Initial Public Offering

Golden Falcon Acquisition Corp. Announces Exercise of Underwriters' Over-Allotment Option, Resulting in an Aggregate $345 Million Being Raised in Its Initial Public Offering
NYSE:GFX.U) (the "
Company") announced today that the underwriters of its previously announced initial public offering have exercised their over-allotment option in full, which will result in the issuance of an additional 4,500,000 units at a public offering price of $10.00 per unit. After giving effect to the exercise and close of the over-allotment option, an aggregate of 34,500,000 units will be issued in the initial public offering and an aggregate of $345 million will be deposited in the Company's trust account at the closing of the offering, which is expected to occur on December 22, 2020.

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