FORT WAYNE, Ind. and WASHINGTON, May 28,
2019 /PRNewswire/ -- Capitol Investment Corp. IV (NYSE:
CIC; "Capitol"), a public investment vehicle, and Nesco Holdings I,
Inc. ("Nesco"), a leading provider of specialty rental equipment to
the electric utility, telecom and rail end-markets, announce that
representatives from each company will participate in the upcoming
UBS Global Industrials and Transportation Conference and Stifel
Cross-Sector Insight Conference and will be available for investor
meetings.
Investors can schedule 1:1 meetings with the management teams at
the UBS Global Industrials and Transportation Conference on
June 6, 2019. The conference
will be held at the Lotte New York Palace in New York City.
Investors can schedule 1:1 meetings with the management teams at
the Stifel Cross-Sector Insight Conference on June 12, 2019. The conference will be held
at the InterContinental Boston in Boston, Massachusetts.
As announced previously, Nesco and Capitol have entered into a
definitive agreement in which Nesco will become a publicly listed
company. The transaction is expected to close in the second
quarter of 2019. For additional information on the
transaction, see Capitol's Registration Statement on Form S-4 filed
with the Securities and Exchange Commission ("SEC") on April 11, 2019, including any amendments thereto
(as amended, the "Registration Statement"), which is available on
the SEC's website at www.sec.gov, or Capitol's website at
www.capinvestment.com.
Additional Information and Where to Find It
Capitol has filed a preliminary proxy statement/prospectus and
other relevant documents with the SEC to be used at its annual
meeting of stockholders to approve the proposed transaction with
Nesco. The proxy statement will be mailed to stockholders as
of a record date to be established for voting on the proposed
business combination. INVESTORS AND SECURITY HOLDERS OF
CAPITOL AND NESCO ARE URGED TO READ THE REGISTRATION STATEMENT AND
OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY
AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL
CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION.
Investors and security holders will be able to obtain free copies
of the proxy statement/prospectus and other documents containing
important information about Capitol and Nesco through the website
maintained by the SEC at http://www.sec.gov. Copies of the
documents filed with the SEC by Capitol and/or Nesco when and if
available, can be obtained free of charge on Capitol's website at
www.capinvestment.com or by directing a written request to Capital
Investment Corp. IV, 1300 N 17th Street, Suite 820,
Arlington VA 22209 or by emailing
info@capinvestment.com.
Participants in the Solicitation
Capitol and Nesco and their respective directors and executive
officers, under SEC rules, may be deemed to be participants in the
solicitation of proxies of Capitol's stockholders in connection
with the proposed business combination. Investors and security
holders may obtain more detailed information regarding the names
and interests in the proposed transaction of Capitol's directors
and officers in Capitol's filings with the SEC, including Capitol's
Annual Report on Form 10-K for the fiscal year ended December 31, 2018, which was filed with the SEC
on March 4, 2019. Information
regarding the persons who may, under SEC rules, be deemed
participants in the solicitation of proxies to Capitol's
shareholders in connection with the proposed business combination
is set forth in the Registration Statement. Additional information
regarding the interests of participants in the solicitation of
proxies in connection with the proposed business combination is
also included in the Registration Statement.
No Offer or Solicitation
This communication shall neither constitute an offer to sell or
the solicitation of an offer to buy any securities, nor shall there
be any sale of securities in any jurisdiction in which the offer,
solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such
jurisdiction.
About Nesco
Nesco is one of the largest providers of specialty equipment,
parts, tools, accessories and services to the electric utility
transmission and distribution, telecommunications and rail markets
in North America. Nesco offers its
specialized equipment to a diverse customer base for the
maintenance, repair, upgrade and installation of critical
infrastructure assets including electric lines, telecommunications
networks and rail systems. Nesco's coast-to-coast rental
fleet of approximately 4,000 units includes aerial devices, cranes,
digger derricks, pressure drills, stringing gear, hi-rail
equipment, repair parts, tools and accessories. For more
information, please visit https://nescorentals.com.
About Capitol Investment Corp. IV
Capitol Investment Corp. IV is a public investment vehicle
formed for the purpose of effecting a merger, acquisition or
similar business combination. Capitol is led by Chairman and
Chief Executive Officer Mark D. Ein,
and President and Chief Financial Officer L. Dyson Dryden. Capitol's securities are
quoted on the New York Stock Exchange under the ticker symbols CIC,
CIC WS and CIC.U. The company, which raised $402.5 million of cash proceeds in an initial
public offering in August 2017, is
the Capitol team's fourth publicly traded investment vehicle.
The Capitol team's three prior deals are all in the top 10 of the
best performing SPACs out of over 130 raised since October 2009 in terms of total returns since
merger. The first, Capitol Acquisition Corp., created Two
Harbors Investment Corp. (NYSE: "TWO"), a leading mortgage real
estate investment trust (REIT) and the second, Capitol Acquisition
Corp. II, merged with Lindblad Expeditions, Inc. (NASDAQ: "LIND"),
a global leader in expedition travel. The third vehicle,
Capitol Acquisition Corp. III, merged with Cision Ltd. (NYSE:
"CISN"), a leading global provider of cloud-based earned media
solutions. For more information, please visit
https://capinvestment.com.
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SOURCE Capitol Investment Corp. IV; Nesco Holdings I, Inc.