NEW YORK, Feb. 24, 2021 /PRNewswire/ -- Empowerment
& Inclusion Capital I Corp. (the "Company") announced today
that holders of the units sold in the Company's initial public
offering of 27,600,000 units completed on January 12, 2021 (the "offering") may elect to
separately trade the shares of Class A common stock and warrants
included in the units commencing March 1,
2021. Any units not separated will continue to trade on The
New York Stock Exchange (the "NYSE") under the symbol "EPWR.U", and
each of the shares of Class A common stock and warrants will
separately trade on the NYSE under the symbols "EPWR" and "EPWR
WS," respectively. No fractional warrants will be issued upon
separation of the units and only whole warrants will trade. 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 Company is a special-purpose acquisition company with the
unique, purpose-driven mission to acquire a diverse-led business or
a business focused on promoting an inclusive economy and
society.
Registration statements relating to these securities became
effective on January 7, 2021. This
press release shall not constitute an offer to sell or the
solicitation of an offer to buy, 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 offering was made only by means of a prospectus. Copies of
the prospectus relating to the offering may be obtained from
Jefferies LLC, Attention: Equity Syndicate Prospectus Department,
520 Madison Avenue, 2nd Floor, New York,
NY 10022, or by telephone at 1-877-821-7388 or by email at
Prospectus_Department@Jefferies.com.
Cautionary Note Concerning Forward-Looking
Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the search
for an initial business combination. Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the Risk
Factors section of the Company's registration statement for the
offering filed with the U.S. Securities and Exchange Commission
(the "SEC"). 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.
MEDIA:
Marcey
Zwiebel
(412) 762-4550
media.relations@pnc.com
OTHER INQUIRIES:
(212) 468-8655
View original
content:http://www.prnewswire.com/news-releases/empowerment--inclusion-capital-i-corp-announces-the-separate-trading-of-its-class-a-common-stock-and-warrants-commencing-march-1-2021-301234622.html
SOURCE Empowerment & Inclusion Capital I Corp.