NEW YORK, March 8, 2021 /PRNewswire/ -- Silver Crest
Acquisition Corporation (NASDAQ: SLCRU) (the "Company") today
announced that, commencing on March 8,
2021, holders of the 34,500,000 units sold in the Company's
initial public offering (the "offering") may elect to separately
trade the Company's Class A ordinary shares and the Company's
warrants included in the units. Any units not separated will
continue to trade on the Nasdaq Capital Market ("Nasdaq") under the
symbol "SLCRU", and each of the Class A ordinary shares and
warrants will separately trade on Nasdaq under the symbols "SLCR"
and "SLCRW", respectively. No fractional warrants will be issued
upon separation of the units and only whole warrants will trade.
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.
About Silver Crest Acquisition Corporation
Silver Crest Acquisition Corporation is a special purpose
acquisition company incorporated as a Cayman Islands exempted company for the
purpose of effecting a merger, share exchange, asset acquisition,
share purchase, reorganization or similar business combination with
one or more businesses. While the Company may pursue a business
combination target in any business or industry, the Company intends
to concentrate its efforts in identifying global or regional
businesses with differentiated products and services in one or more
high growth consumer and consumer technology sectors.
A registration statement relating to these securities was
declared effective by the U.S. Securities and Exchange Commission
(the "SEC") on January 13, 2021. 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.
Forward-Looking Statements
This communication contains "forward-looking statements,"
including with respect to the Company's business and intention to
consummate an initial business combination. No assurance can be
given that any forward-looking statement will prove to be accurate.
Forward-looking statements are subject to numerous risks and
uncertainties, 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 prospectus relating to its
initial public offering, as filed with the SEC. Copies are
available on the SEC's website, www.sec.gov. The Company
undertakes no obligation to update these statements after the date
of this communication, except as required by law.
Contact:
Derek Cheung, CEO
derek@silvercrestacq.com
+852 2165-9000
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SOURCE Silver Crest Acquisition Corporation