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NEW YORK, Feb. 3, 2021 /PRNewswire/ Marquee Raine Acquisition Corp. (the Company ) announced that, commencing February 4, 2021, holders of the units sold in the Company s initial public offering of 37,375,000 units completed on December 17, 2020 may elect to separately trade the Class A ordinary shares and warrants included in the units. Class A ordinary shares and warrants that are separated will trade on The Nasdaq Capital Market ( Nasdaq ) under the symbols MRAC and MRACW, respectively. Those units not separated will continue to trade on Nasdaq under the symbol MRACU. No fractional warrants will be issued upon separation of the units and only whole warrants will trade.
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NEW YORK, Dec. 17, 2020 /PRNewswire/ Marquee Raine Acquisition Corp. (the Company ) (Nasdaq: MRAC U) today announced the closing of its initial public offering of 37,375,000 units, which includes 4,875,000 units issued upon the exercise of the underwriters overallotment option, which was exercised in full, at a public offering price of $10.00 per unit. Each unit consists of one Class A ordinary share of the Company and one-fourth of one redeemable warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share of the Company at a price of $11.50 per share. The units are listed on the Nasdaq Capital Market under the symbol MRAC U . Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq Capital Market under the symbols MRAC and MRAC WS, respectively.
Marquee Raine Acquisition Corp Announces Pricing of $325 Million Initial Public Offering prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.