NEW YORK–(BUSINESS WIRE) – Foresight Acquisition Corp. (Nasdaq: FOREU) (the Company) announced today that the holders of units sold as part of the Company’s initial public offering of 31,625,000 units made on February 12, 2021, may choose to trade separately the Class A common shares and warrants included in the units on or about April 5, 2021. No fractional warrants will be issued upon separation of the units and only whole warrants will be traded. These non-segregated units will continue to trade on the Nasdaq Capital Market (Nasdaq) under the stock symbol FOREU, and the class A common shares and separate warrants will trade on the Nasdaq under the symbols FORE and FOREWS, respectively.
The company was incorporated for the purpose of concluding a merger, stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more companies. Although the Company may pursue an initial business combination with a company in any industry, sector or stage of its development, it initially intends to focus its research on the consumer and consumer health industries. technology-based.
Cowen was the sole manager of the supply accounting.
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.
This press release contains statements that constitute forward-looking statements, including with respect to the intended use of the net proceeds of the Company’s initial public offering. There can be no assurance that the net 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 and the prospectus for the Company’s offering. filed with the SEC. Copies of these documents 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 posting, except as required by law.
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