Valor Latitude Acquisition Corp. announces the separate trading of its Class A ordinary shares and warrants, effective June 24, 2021
NEW YORK–(COMMERCIAL THREAD) – Valor Latitude Acquisition Corp. (the “Company”) announced that as of today, the holders of the units sold as part of the Company’s initial public offering of 23,000,000 units concluded on May 6, 2021, including units sold under the full exercise of the 3,000,000 unit underwriters over-allotment option may elect to trade separately the Class A common shares and the warrants included in the units. The Class A Common Shares and the Separate Warrants will trade on the Nasdaq Capital Market under the symbols “VLAT” and “VLATW”, respectively. Non-segregated units will continue to trade on the Nasdaq Capital Market under the symbol “VLATU”. No fractional warrants will be issued upon separation of the units and only whole warrants will be traded.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, and there will be no sale of such securities in any state or jurisdiction in which such an offer, solicitation or sale would be illegal prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offer was made only by means of a prospectus. Copies of the prospectus can be obtained free of charge by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the prospectus can be obtained free of charge from BofA Securities by sending a letter to NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, Attention: Prospectus Department or by e- mail to dg.prospectus_requests @ bofa.com and contacting Barclays c / o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by email at [email protected] or by phone at (888) 603- 5847.
About Valor Latitude Acquisition Corp.
The Company was incorporated for the purpose of effecting a merger, merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more companies. The Company intends to seek a business combination with a Latin American company focused on technology. The founders of Valor Latitude are Clifford M. Sobel (President), Scott Sobel (Director), Mario Mello (CEO and Director) and J. Douglas Smith (Chief Financial Officer).
Caution Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking statements. All of these statements are based on management’s expectations and on estimates and assumptions prepared by management which, while believed to be reasonable, are inherently uncertain. These statements involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors beyond the control of the Company which may cause material differences between its activities, its sector, its strategy, its fundraising activities or actual results. The Company assumes no obligation to update or revise any forward-looking statements contained in this document, whether as a result of new information, future events or otherwise.