12/22/20
Golden Falcon Acquisition Corp. (NYSE: GFX.U) announced today that it closed its initial public offering of 34,500,000 units, which included the full exercise of the underwriters’ over-allotment option. The offering was priced at $10.00 per unit, generating total gross proceeds of $345,000,000.
The units are listed on the New York Stock Exchange (the “
NYSE”) and trade under the ticker symbol “
GFX.U”. Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on the NYSE under the symbols “
Golden Falcon Acquisition Corp Announces Closing of $345 Million Initial Public Offering
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Golden Falcon Acquisition Corp Announces Exercise of Underwriters Over-Allotment Option, Resulting in an Aggregate $345 Million Being Raised in Its Initial Public Offering | Business
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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.