NORTH RICHLAND HILLS, Texas,
Nov. 25, 2020 /PRNewswire/
-- Breeze Holdings Acquisition Corp. (NASDAQ: BREZU) (the
"Company") announced today the closing of its initial public
offering of 11,500,000 units, which included the full exercise of
the underwriters' over-allotment option, at a price to the public
of $10.00 per unit. The units began
trading on the Nasdaq Capital Market under the symbol "BREZU" on
November 23, 2020. Each unit consists
of one share of common stock, 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 and each warrant entitles the holder
to purchase one share of common stock for $11.50 per share.
Once the securities comprising the units begin separate trading,
the common stock, rights and warrants are expected to be traded on
the Nasdaq Capital Market under the symbols "BREZ", "BREZR" and
"BREZW", respectively.
I-Bankers Securities, Inc. was the sole book-running manager of
the offering and Northland Capital Markets acted as co-manager of
the offering.
Schiff Hardin LLP acted as counsel to the Company and Loeb &
Loeb LLP acted as counsel to the underwriters.
The offering was made only by means of a prospectus. Copies of
the prospectus related to this offering may be obtained from
I-Bankers Securities, Inc. at 535 5th Ave., 4th Floor, New York, NY 10017.
A registration statement relating to the securities was declared
effective by the Securities and Exchange Commission ("SEC") on
November 23, 2020. This press release
shall not constitute an offer to sell or the solicitation of an
offer to buy any securities, 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.
About Breeze Holdings Acquisition Corp.
Breeze Holdings Acquisition Corp. is a blank check company
organized for the purpose of effecting a merger, share exchange,
asset acquisition, stock purchase, recapitalization,
reorganization, or other similar business combination with one or
more businesses or entities. It intends to focus on a
business combination with a company in the energy industry in
North America.
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 are subject to risks and uncertainties, which could
cause actual results to differ from the forward-looking statements,
including those set forth in the risk factors section of the
prospectus used in connection with the Company's initial public
offering. 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, except as required by law.
Contact:
Breeze Holdings Acquisition Corp.
5324 Davis Blvd.
North Richland Hills, TX 76180
Attention: J. Douglas Ramsey
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SOURCE Breeze Holdings Acquisition Corp.