NEW YORK, NY, January 13, 2021 (GLOBE NEWSWIRE) – Cascade Acquisition Corp. (the Company or CASE) announced that effective January 15, 2021, unitholders sold as part of the company’s initial public offering may elect to trade separately in the company’s Class A common shares (Class A ordinary shares) and warrants included in the units. No split warrants will be issued upon separation of the units and only whole warrants will be traded. The Class A common shares and the separate warrants will trade on the New York Stock Exchange under the symbols CAS and CAS.WS, respectively. Non-segregated units will continue to trade on the New York Stock Exchange under the symbol CAS.U.
The units were initially offered by the company as part of a subscribed offering. Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. LLC acted as joint bookkeepers for the offer. Keefe, Bruyette & Woods, Inc. acted as the lead manager of the offering.
The public offering was made only by means of a prospectus, copies of which can be obtained from Credit Suisse Securities (USA) LLC by mail: Attention: Prospectus Department, 6933 Louis Stephens Drive, Morrisville, North Carolina 27560, by phone: 1- 800-221-1037, by e-mail: [email protected] or Morgan Stanley & Co. LLC by e-mail: Attention: Prospectus Department, 180 Varick Street, Second Floor, New York , NY 10014.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor any sale of such securities in any state or jurisdiction where such an offer, solicitation or sale would be illegal before. registration or qualification under the securities laws of any such state or jurisdiction.
About Cascade Acquisition Corp.
Cascade Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue goals in any industry, it intends to focus its research on the financial services industry.
This press release may include, and oral statements made from time to time by representatives of CAS may include, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and their financing, and related matters, and all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as anticipate, believe, continue, could, estimate, expect, intend, may, could, plan, possible, potential, predict, project, should, would like and similar expressions, as they relate to the Company or its management team, to identify forward-looking statements. These forward-looking statements are based on the beliefs of management, as well as on the assumptions made by the management of the company and on information currently available. Actual results could differ materially from those contemplated by forward-looking statements due to certain factors detailed in documents filed by the Company with the Securities and Exchange Commission (SECOND). All subsequent written or oral forward-looking statements attributable to the Company or to persons acting on its behalf are qualified in their entirety by this paragraph. 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 and prospectus for the initial public offering of the company filed with the SEC. The Company assumes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Jay Levine, President and CEO
Cascade Acquisition Corp.
1900 Sunset Harbor Dr.
Miami Beach, Florida 33139
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