NEW YORK, Sept. 22, 2020 (GLOBE NEWSWIRE) — NewHold Funding Corp. (NASD: NHICU) (the “Corporate”) introduced that holders of the devices bought within the Corporate’s preliminary public providing of 17,250,000 devices finished on July 30, 2020 (the “providing”) would possibly elect to one by one business the stocks of Magnificence A not unusual inventory and warrants integrated within the devices taking off on or about September 22, 2020. Any devices now not separated will proceed to business at the Nasdaq Capital Marketplace (“Nasdaq”) below the logo “NHICU”, and every of the stocks of Magnificence A not unusual inventory and the warrants will one by one business at the Nasdaq below the symbols “NHIC” and “NHICW,” respectively. No fractional warrants will likely be issued upon separation of the devices and handiest complete warrants will business. Holders of devices will wish to have their agents touch Continental Inventory Switch & Consider, the Corporate’s switch agent, so as to separate the devices into stocks of Magnificence A not unusual inventory and warrants.
NewHold Funding Corp. is a clean test corporate shaped for the aim of effecting a merger, capital inventory change, asset acquisition, inventory acquire, reorganization or an identical industry aggregate with a number of companies. The Corporate intends to focal point its seek not off course companies within the business era sector with an combination endeavor price of $700 million or larger.
A registration observation on the subject of those securities used to be declared efficient by means of the U.S. Securities and Trade Fee (the “SEC”) on July 30, 2020. This press unlock shall now not represent an be offering to promote or the solicitation of an be offering to shop for, nor shall there be any sale of those securities in any state or jurisdiction through which such be offering, solicitation or sale could be illegal previous to registration or qualification below the securities rules of the sort of state or jurisdiction.
The providing is being made handiest by way of a prospectus. When to be had, copies of the prospectus on the subject of the providing could also be bought from Stifel, Nicolaus & Corporate, Included, Consideration: Syndicate Division, One South Side road, 15th Flooring, Baltimore, Maryland 21202, or by means of electronic mail: [email protected] or by means of phone: (855) 300-7136.
Cautionary Notice Relating to Ahead-Taking a look Statements
This press unlock accommodates statements that represent “forward-looking statements,” together with with appreciate to the preliminary public providing and seek for an preliminary industry aggregate. No assurance will also be for the reason that the providing mentioned above will likely be finished at the phrases described, or in any respect. Ahead-looking statements are topic to a lot of prerequisites, a lot of which might be past the keep watch over of the Corporate, together with the ones set forth within the Possibility Elements phase of the Corporate’s registration observation and initial prospectus for the preliminary public providing filed with the SEC. Copies are to be had at the SEC’s website online, www.sec.gov. The Corporate undertakes no legal responsibility to replace those statements for revisions or adjustments after the date of this unlock, except for as required by means of regulation.
Leader Monetary Officer