Yucaipa Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing September 24, 2020
LOS ANGELES–(BUSINESS WIRE)–Yucaipa Acquisition Corporation (NYSE: YAC.U) (the “Company”) announced today that, commencing September 24, 2020, holders of the units sold in the Company’s initial public offering of 34,500,000 units, completed on August 6, 2020, may elect to separately trade the Class A ordinary shares and warrants included in the units. Those units not separated will continue to trade on the New York Stock Exchange (“NYSE”) under the symbol “YAC.U,” and the Class A ordinary shares and warrants that are separated will trade on the NYSE under the symbols “YAC” and “YAC WS,” respectively. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into Class A ordinary shares and warrants.
The units were initially offered by the Company in an underwritten offering. Citigroup Global Markets Inc. acted as the sole book-running