EQV Ventures Acquisition Corp. Announces the Pricing of $350 Million Initial Public Offering
2024年8月7日 - 6:20AM
EQV Ventures Acquisition Corp. (the "Company" or "EQV"), a special
purpose acquisition company sponsored by an affiliate of the EQV
Group, and formed for the purpose of entering into a business
combination with one or more businesses, announced today the
pricing of its initial public offering of 35,000,000 units at a
price of $10.00 per unit. The units are expected to be
listed on The New York Stock Exchange ("NYSE") and begin trading
tomorrow, August 7, 2024, under the ticker symbol
"EQVU."
Each unit consists of one Class A ordinary share and one-third
of one redeemable warrant, each whole warrant entitling the holder
thereof to purchase one Class A ordinary share at a price
of $11.50 per share, subject to certain adjustments. No
fractional warrants will be issued upon separation of the units and
only whole warrants will trade. Once the securities constituting
the units begin separate trading, the Class A ordinary shares and
warrants are expected to be listed on NYSE under the ticker symbols
"EQV" and "EQVW," respectively.
BTIG, LLC is acting as sole book-running manager for the
offering.
The Company has granted the underwriter a 45-day option to
purchase up to an additional 5,250,000 units at the initial public
offering price to cover over-allotments, if any. The offering is
expected to close on August 8, 2024, subject to customary
closing conditions.
The offering is being made only by means of a prospectus. When
available, copies of the prospectus may be obtained from: BTIG,
LLC, 65 East 55th Street New York, New York 10022, Attn: Syndicate
Department, BTIGSyndicateCoverage@btig.com.
A registration statement relating to the securities has been
filed with the U.S. Securities and Exchange Commission ("SEC") and
became effective on August 6, 2024 in accordance with Section
8(a) of the Securities Act of 1933, as amended. 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 an offer, solicitation or
sale would be unlawful prior to registration or qualification under
the securities laws of any such state or jurisdiction.
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the
proposed initial public offering, the anticipated use of the net
proceeds, and the search for an initial business combination. No
assurance can be given that the offering discussed above will be
completed on the terms described, or at all, or that the net
proceeds of the offering will be used as indicated.
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 and preliminary prospectus for the Company's
initial public offering filed with the SEC. Copies of these
documents 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.
Investor Contacts
IR@eqvventures.com