HOUSTON, January 13, 2021 / PRNewswire / –Genesis Park Acquisition Corp. (the “Company”) announced today that, beginning January 14, 2021, the holders of the 16,377,622 units sold as part of the Company’s initial public offering may choose to trade separately the Class A ordinary shares of the Company and the warrants included in the units. The Class A common shares and the separate warrants will trade on the New York Stock Exchange under the symbols “GNPK” and “GNPK WS”, respectively. No split warrants will be issued upon separation of the units and only whole warrants will be traded. Non-segregated units will continue to trade on the New York Stock Exchange under the symbol “GNPK.U”. Unitholders should instruct their brokers to contact Continental Stock Transfer & Trust Company, the transfer agent of the Company, in order to separate the units into Class A common shares and warrants.
The Company is a new special purpose acquisition company created for the purpose of effecting a business combination with one or more businesses. While the Company may pursue an initial goal of business combination in any industry, it intends to focus on opportunities that match the significant aerospace and aviation services experience of its management team, of its board of directors and its advisory committee. The company is sponsored by Genesis Park Holdings, a subsidiary of Genesis Park, a Houstona private equity firm based on David Siegel as president, Paul hobby as Managing Director, and Jonathan baliff as President and Chief Financial Officer.
The units were initially offered by the company as part of a subscribed offering. Jefferies LLC acted as the sole manager of the accounting for the offering.
Warnings and Disclaimer
The registration statement relating to these securities was declared effective by the Securities and Exchange Commission (“SEC”) on 23 november, 2020. This press release will not constitute an offer to sell or the solicitation of an offer to buy such securities, and there will be no sale of any such securities in any state or jurisdiction where such an offer, solicitation or sale would be illegal under the securities laws of those states or jurisdictions.
This press release contains statements which constitute “forward-looking statements”, in particular with regard to the initial public offering and the search for a first business combination. There can be no assurance that the proceeds of the Offering will be used as directed. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the company, including those set out in the Risk Factors section of the company’s registration statement for the initial public offering filed with the Company. DRY. Copies are available on the SEC website, www.sec.gov. The Company assumes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
SOURCE Genesis Park Acquisition Corp.
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