Pyrophyte Acquisition Corp. Announces Pricing of $175 Million Initial Public Offering
Pyrophyte Acquisition Corp. Announces Pricing of $175 Million Initial Public Offering
Houston, TX , Oct. 26, 2021 (GLOBE NEWSWIRE) -- Pyrophyte Acquisition Corp. (the "Company") today announced the pricing of its initial public offering of 17,500,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange (the "NYSE") and trade under the ticker symbol "PHYT.U" beginning on October 27, 2021. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants will be exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the NYSE under the symbols "PHYT" and "PHYT WS," respectively.
亚洲网得克萨斯州休斯顿10月26日电(环球通讯社)--Pyrophyte Acquisition Corp.(以下简称“该公司”)今天宣布,其首次公开发行的股票定价为1750万股,每股定价为10.00美元。这些单位将于2021年10月27日起在纽约证券交易所(“NYSE”)上市,股票代码为“PHYT.U”。每个单位包括一股A类普通股和一半的一份可赎回认股权证,每份完整的认股权证可按每股11.50美元的价格购买一股A类普通股。只有完整的认股权证才能行使。一旦组成这些单位的证券开始分开交易,A类普通股和认股权证预计将分别以“PHYT”和“PHYT WS”的代码在纽约证券交易所上市。
Pyrophyte Acquisition Corp. is a blank check company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The Company intends to focus on differentiated companies that provide products, services, equipment, and technologies that support a variety of energy transition solutions.
Pyrophyte Acquisition Corp.是一家空白支票公司,其业务目的是与一个或多个企业或实体进行合并、换股、资产收购、购股、重组或类似的业务合并。该公司打算专注于提供支持各种能源过渡解决方案的产品、服务、设备和技术的差异化公司。
UBS Investment Bank is acting as the sole book-runner for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 2,625,000 units at the initial public offering price to cover over-allotments, if any.
瑞银投资银行(UBS Investment Bank)是此次发行的唯一账簿管理人。该公司已授予承销商45天的选择权,可按首次公开募股(IPO)价格额外购买至多2,625,000个单位,以弥补超额配售(如果有的话)。
The offering is being made only by means of a prospectus. When available, copies of the prospectus relating to this offering may be obtained from UBS Investment Bank, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019, telephone: (888) 827-7275 or email: ol-prospectusrequest@ubs.com.
此次发行仅通过招股说明书进行。有关此次发售的招股说明书副本可从瑞银投资银行获得,邮编:NY 10019,地址:1285 Avenue of the America,New York,NY 10019,电话:(888)8277275,电子邮件:ol-prospectusrequest@ubs.com.
A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on October 26, 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.
与这些证券相关的注册声明于2021年10月26日被美国证券交易委员会(SEC)宣布生效。本新闻稿不应构成出售要约或征求购买要约,也不应在任何州或司法管辖区出售这些证券,在这些州或司法管辖区,根据任何州或司法管辖区的证券法,此类要约、招揽或出售在注册或获得资格之前是非法的。
Forward Looking-Statements
前瞻性陈述
This press release contains statements that constitute "forward-looking statements," including with respect to the initial public offering and 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 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 for the initial public offering filed with 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.
本新闻稿包含构成“前瞻性陈述”的陈述,包括与首次公开募股和寻找初始业务合并有关的陈述。不能保证上述讨论的发行将按描述的条款完成,或者根本不能保证,或者发行所得资金将按规定使用。前瞻性陈述受许多条件的制约,其中许多条件不是公司所能控制的,包括公司向证券交易委员会提交的首次公开募股登记声明中的风险因素部分阐述的那些条件。副本可在证券交易委员会网站www.sec.gov上查阅。除非法律另有要求,否则本公司不承担在本新闻稿发布之日后更新这些声明以进行修订或更改的义务。
Contact
联系人
Sten L. Gustafson
Chief Executive Officer and Director
Pyrophyte Acquisition Corp.
281-701-4234
sten.gustafson@pyrophytespac.com
斯坦·L·古斯塔夫森首席执行官兼董事叶生植物收购公司281-701-4234邮箱:st.gustafson@pyrophytespac.com