GRAND CAYMAN, Cayman Islands, Nov. 9, 2021 /PRNewswire/ — Blockchain Coinvestors Acquisition Corp. I (Nasdaq: BCSA, the “Firm”) introduced immediately the pricing of its upsized preliminary public providing of 26,100,000 items at a worth to the general public of $10.00 per unit. The items are anticipated to begin buying and selling on November 10, 2021 on the Nasdaq World Market (“Nasdaq”) below the ticker image “BCSAU”. Every unit consists of 1 share of Class A standard inventory and one-half of 1 warrant, every entire warrant entitling the holder to buy one share of Class A standard inventory at a worth of $11.50 per share. As soon as the securities comprising the items start separate buying and selling, the shares of Class A standard inventory and warrants are anticipated to be traded on Nasdaq below the symbols “BCSA” and “BCSAW,” respectively. No fractional warrants will probably be issued upon separation of the items and solely entire warrants will commerce. The providing is predicted to shut on November 12, 2021, topic to customary closing circumstances.
Cantor Fitzgerald & Co. and Moelis & Firm LLC are performing because the joint book-running managers of the providing. The underwriters have been granted a 45-day choice to buy as much as a further 3,915,000 items supplied by the Firm to cowl over-allotments, if any.
A registration assertion relating to those securities was declared efficient by the Securities and Change Fee on November 9, 2021. The providing is being made solely by the use of a prospectus, copies of which can be obtained by contacting Cantor Fitzgerald & Co., Consideration Capital Markets, 499 Park Avenue, New York, NY 10022, or by e-mail at [email protected].
This press launch shall not represent a suggestion to promote or a solicitation of a suggestion to purchase, nor shall there be any sale of those securities in any state or jurisdiction through which such supply, solicitation or sale can be illegal previous to registration or qualification below the securities legal guidelines of any such state or jurisdiction.
About Blockchain Coinvestors Acquisition Corp. I
Blockchain Coinvestors Acquisition Corp. I is a particular goal acquisition firm fashioned for the aim of effecting a merger, share trade, asset acquisition, share buy, reorganization or comparable enterprise mixture with a number of companies or entities. Whereas the Firm might pursue an acquisition alternative in any enterprise, business, sector or geographical location, it intends to focus its search on the businesses within the monetary providers, expertise and different sectors of the economic system which are being enabled by rising purposes of blockchain.
This press launch consists of forward-looking statements that contain dangers and uncertainties. Ahead wanting statements are statements that aren’t historic information. Such forward-looking statements, together with with respect to the consummation of the preliminary public providing and seek for an preliminary enterprise mixture, are topic to dangers and uncertainties which may trigger precise outcomes to vary from the forward-looking statements. The Firm expressly disclaims any obligations or enterprise to launch publicly any updates or revisions to any forward-looking statements contained herein to mirror any change within the Firm’s expectations with respect thereto or any change in occasions, circumstances or circumstances on which any assertion relies, besides as required by legislation.
Chief Govt Officer
Blockchain Coinvestors Acquisition Corp. I
Matt Yemma, Peaks Methods
SOURCE Blockchain Coinvestors