NEW YORK, Nov. 10, 2021 /PRNewswire/ -- Argus Capital
Corp. (the "Company") announced today that, commencing November 12, 2021, holders of the units sold in
the Company's initial public offering may elect to separately trade
shares of the Company's Class A common stock and redeemable
warrants included in the units.
No fractional warrants will be issued upon separation of the
units and only whole warrants will trade. The shares of Class A
common stock and redeemable warrants that are separated will trade
on the Nasdaq Stock Market ("Nasdaq") under the symbols "ARGU" and
"ARGUW," respectively. Those units not separated will continue to
trade on Nasdaq under the symbol "ARGUU." Holders of units will
need to have their brokers contact Continental Stock Transfer &
Trust Company, the Company's transfer agent, in order to separate
the units into shares of Class A common stock and warrants.
The offering was made only by means of a prospectus, copies of
which may be obtained from Goldman Sachs & Co. LLC, 200 West
Street, New York, NY 10282, Attn:
Prospectus Department, by telephone at 866-471-2526 or by emailing
prospectus-ny@ny.email.gs.com; Morgan Stanley, Attn: Prospectus
Department, 180 Varick Street, 2nd Floor, New York, NY 10014, Email:
prospectus@morganstanley.com.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities of the Company, nor
shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
The Company's business purpose is to effect a merger, capital
stock exchange, asset acquisition, stock purchase, reorganization
or similar business combination with one or more businesses. While
the Company may pursue an initial business combination opportunity
in any industry or sector, it intends to identify and complete
a business transaction with a company in the tech-driven media
industry.
Cautionary Note Concerning Forward-Looking
Statements
This press release contains statements that constitute
"forward-looking statements." All statements other than statements
of historical fact included in this press release are
forward-looking statements. Forward-looking statements are subject
to numerous risks, many of which are beyond the control of the
Company, including those set forth in the "Risk Factors" section of
the Company's final prospectus relating to its initial public
offering filed with the U.S. Securities and Exchange Commission
(the "SEC") on September 23, 2021.
Copies are available on the SEC's website, www.sec.gov. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by
law.
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SOURCE Argus Capital Corp.