Recharge Acquisition Corp. Announces Pricing of $200,000,000 Initial Public Offering

published 01.10.2020 01:12

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FORWARD-LOOKING STATEMENTS This press release contains statements that constitute "forward-looking statements," including with respect to the initial public offering.

The Company has granted the underwriters a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any.

Each unit consists of one share of the Company's Class A common stock and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share.

30, 2020 (GLOBE NEWSWIRE) -- Recharge Acquisition Corp. (the "Company") announced today that it priced its initial public offering of 20,000,000 units at $10.00 per unit.

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 offering filed with the SEC.