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GRAND CAYMAN, Cayman Islands, Nov. 9, 2021 /PRNewswire/ — Blockchain Coinvestors Acquisition Corp. I (Nasdaq: BCSA, the “Firm”) introduced at the moment the pricing of its upsized preliminary public providing of 26,100,000 models at a worth to the general public of $10.00 per unit. The models are anticipated to start 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 models 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 likely be issued upon separation of the models and solely entire warrants will commerce. The providing is predicted to shut on November 12, 2021, topic to customary closing situations.
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 an extra 3,915,000 models provided 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 proposal to promote or a solicitation of a proposal to purchase, nor shall there be any sale of those securities in any state or jurisdiction by which such provide, solicitation or sale could 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 function acquisition firm fashioned for the aim of effecting a merger, share change, asset acquisition, share buy, reorganization or comparable enterprise mixture with a number of companies or entities. Whereas the Firm could pursue an acquisition alternative in any enterprise, trade, sector or geographical location, it intends to focus its search on the businesses within the monetary companies, expertise and different sectors of the economic system which might be being enabled by rising functions of blockchain.
Ahead-Wanting Statements
This press launch consists of forward-looking statements that contain dangers and uncertainties. Ahead wanting statements are statements that aren’t historic info. 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 might 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, situations or circumstances on which any assertion relies, besides as required by regulation.
Contact:
Lou Kerner
Chief Government Officer
Blockchain Coinvestors Acquisition Corp. I
[email protected]
Media Contact
Matt Yemma, Peaks Methods
[email protected]
SOURCE Blockchain Coinvestors
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