PTK Acquisition Corp. Announces Closing of $115 Million Initial Public Offering
PTK Acquisition Corp. Announces Closing of $115 Million Initial Public Offering |
[15-July-2020] |
NEW YORK, July 15, 2020 /PRNewswire/ -- PTK Acquisition Corp. (NYSE: PTK.U, the "Company") announced today that it closed its initial public offering of 11,500,000 units at $10.00 per unit, including 1,500,000 units sold as part of the underwriter's overallotment option. Each unit consists of one ordinary share and one warrant to purchase one half of one share at $11.50 per whole share. The units are listed on the NYSE American ("NYSE American") and trade under the ticker symbol "PTK.U". Once the securities comprising the units begin separate trading, the common stock and warrants are expected to be listed on the NYSE American under the symbols "PTK" and "PTK WS" respectively. Chardan acted as sole book running manager in the offering. A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on July 13, 2020. The offering is being made only by means of a prospectus, copies of which may be obtained, when available, by contacting Chardan Capital Markets, LLC, 17 State Street, 21st Floor, New York, New York 10004. This press release shall not constitute an offer to sell or a 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. About PTK Acquisition Corp. Forward Looking Statements Contact:
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Company Codes: AMEX:PTKU, AMEX:PTK.U |
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