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Switchback II Corporation Announces Pricing of Upsized $275,000,000 Initial Public Offering


Switchback II Corporation Announces Pricing of Upsized $275,000,000 Initial Public Offering
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DALLAS, Jan. 7, 2021 /PRNewswire/ Switchback II Corporation (the Company ) announced today the pricing of its upsized initial public offering ( IPO ) of 27,500,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange (the NYSE ) and trade under the ticker symbol SWBK.U beginning on January 8, 2021. Each unit consists 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. 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 the symbols SWBK and SWBK.WS, respectively. ....

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