Switchback II Corporation Announces Launch of Initial Public Offering
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DALLAS, Jan. 5, 2021 /PRNewswire/ Switchback II Corporation (the Company ) announced today that it has commenced its initial public offering ( IPO ) of 25,000,000 units at a price of $10.00 per unit. The Company intends to grant the underwriters a 45-day option to purchase up to an additional 3,750,000 units. Each unit issued in the IPO will consist of one of the Company s Class A ordinary shares and one-fifth of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one of the Company s Class A ordinary shares at an exercise price of $11.50 per share. The units are expected to be listed on the New York Stock Exchange (the NYSE ) and trade under the ticker symbol SWBK.U. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the NYSE under
Keep an eye out for more entries throughout the offseason.
In 2014, the Giants unveiled the Gotham Clubhouse, a speakeasy-style event space reserved for Gotham Club members at Oracle Park. Ensconced behind the out-of-town scoreboard, the Gotham Clubhouse pays homage to the franchise’s rich history in New York.
Founded by John B. Day and Jim Mutrie in 1883, the Giants were originally dubbed the New York Gothams. So, how did they come to be known as the Giants?
An apocryphal story links the origin of their current nickname to Mutrie, who served as the club’s first manager. Mutrie was believed to have coined the moniker after a comeback victory over the Philadelphia Phillies in 1885, when he proclaimed, “My big fellows, my giants!