HOUSTON -- (Business Wire)
Kayne Anderson Acquisition Corp. (the "Company") (NASDAQ: KAACU) today
announced that, commencing on April 27, 2017, the holders of the units
sold in the Company’s initial public offering may elect to separately
trade the Class A common stock and warrants included in the units. No
fractional warrants will be issued upon separation of the units and only
whole warrants will trade. Units that are not separated will continue to
trade on The NASDAQ Capital Market (“NASDAQ”) under the symbol “KAACU.”
The Class A common stock and the warrants that are separated will trade
on NASDAQ under the symbols “KAAC” and “KAACW,” respectively.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities of the Company, 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 was made only by means of a
prospectus, copies of which may be obtained from Citigroup, c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New
York 11717 or by telephone at (800) 831-9146; Deutsche Bank Securities
Inc., Attn.: Prospectus Group, 60 Wall Street, New York, NY 10005-2836,
email: prospectus.CPDG@db.com,
or by telephone at (800) 503-4611; and Credit Suisse Securities (USA)
LLC, Attention: Prospectus Department, One Madison Avenue, New York, New
York, 10010, or by telephone at (800) 221-1037, or by email at newyork.prospectus@credit-suisse.com.
About Kayne Anderson Acquisition Corp.
Kayne Anderson Acquisition Corp. was formed for the purpose of entering
into a merger, capital stock exchange, asset acquisition, stock
purchase, reorganization or similar business combination with one or
more businesses or entities. The Company intends to focus its search for
a target business in the energy industry.
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements." 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 final prospectus for the Company's
offering filed with the U.S. Securities and Exchange Commission (“SEC”).
Copies are available on the SEC's website, www.sec.gov.
The Company undertakes no obligation to update these statements for
revisions or changes after the date of this release, except as required
by law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170426006592/en/
Contacts:
Kayne Anderson Acquisition Corp.
Monique Vo
877-657-3863
www.kaynespac.com
Source: Kayne Anderson Acquisition Corp.
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