Le Lézard
Classified in: Business
Subject: OFR

Ventoux CCM Acquisition Corp. Announces Pricing of $150 Million Initial Public Offering


NEW YORK, Dec. 23, 2020 /PRNewswire/ -- Ventoux CCM Acquisition Corp. (the "Company") announced today that it priced its initial public offering of 15,000,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Capital Market ("Nasdaq") and trade under the ticker symbol "VTAQU" beginning on December 24, 2020. Each unit consists of one share of common stock, par value $0.0001, one right and one redeemable warrant. Each right entitles the holder thereof to receive one-twentieth (1/20) of one share of common stock upon the consummation of an initial business combination. Each warrant entitles the holder thereof to purchase one-half of one share of common stock at a price of $11.50 per whole share. Once the securities comprising the units begin separate trading, the shares of common stock, rights and warrants are expected to trade on Nasdaq under the symbols "VTAQ," "VTAQR" and "VTAQW," respectively.

Chardan is acting as sole book-running manager of the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 2,250,000 units at the initial public offering price to cover over-allotments, if any.

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on December 23, 2020. 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.

The offering is being made only by means of a prospectus, copies of which may be obtained by contacting Chardan, 17 State Street, 21st Floor, New York, New York 10004. Copies of the registration statement can be accessed through the SEC's website at www.sec.gov.

About Ventoux CCM Acquisition Corp.

Ventoux CCM Acquisition Corp. is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. While Ventoux CCM Acquisition Corp. may pursue an initial business combination in any region or sector, it intends to focus our efforts on businesses in North America within the hospitality, leisure, travel and dining sectors with an emphasis on consumer branded businesses that have attractive growth characteristics. In addition, Ventoux CCM Acquisition Corp. intends to pursue technology companies operating in these sectors, such as business and consumer services and infrastructure.

Forward Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements, including the successful consummation of the Company's initial public offering, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Contact:

Ed Scheetz
Chairman and CEO, Ventoux CCM Acquisition Corp.
Info@VentouxCCM.com

 

SOURCE Ventoux CCM Acquisition Corp.


These press releases may also interest you

at 19:06
Atlantic Coastal Acquisition Corp. (the "Company"), announced today that it priced its initial public offering of 30,000,000 units at a price of $10.00 per unit. The units will be listed on the NASDAQ Capital Market and trade under the ticker symbol...

at 19:00
Serengeti Resources Inc. ("Serengeti") and Sun Metals Corp. ("Sun Metals") are pleased to announce that Sun Metals has obtained the final order from the Supreme Court of British Columbia with respect to the previously announced proposed plan of...

at 19:00
Daye North America, a subsidiary of Ningbo Daye Garden Machinery Company, is excited to announce the availability of four new Murray mowers exclusively at The Home Depot®, including three walk behind push models and one self-propelled model....

at 19:00
The Seattle Kraken and Climate Pledge Arena today announced a multi-year partnership with iHeartMedia Seattle that will benefit both hockey and music and entertainment fans across the Pacific Northwest. Beginning with the Kraken's inaugural 2021-2022...

at 18:55
DM Cantor is proud to announce that on March 1, 2021, we are celebrating our 25 year anniversary as a law firm!  On March 1, 1996, David Michael Cantor formed the law firm with his then-partner, Phillip D. Hineman.  That firm was known as Hineman and...

at 18:51
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Tricida, Inc. between September 4, 2019 and October 28, 2020, inclusive (the "Class Period"), of the important March 8, 2021 lead plaintiff deadline. SO...



News published on 23 december 2020 at 19:24 and distributed by: