WILMINGTON, Del.– Noble Rock Acquisition Corporation (the “Business”) revealed today that it priced its going public of 21,000,000 units at $1000 per unit. The units will be listed on The Nasdaq Capital Market (” Nasdaq”) and trade under the ticker symbol “NRACU” starting February 2 nd,2021 Each system includes one Class A regular share and one-third of one redeemable warrant. Each entire warrant entitles the holder thereof to purchase one Class An ordinary share at a price of $1150 per share. Just entire warrants are exercisable. When the securities making up the systems begin different trading, the Class A common shares and redeemable warrants are anticipated to be listed on Nasdaq under the signs “NRAC” and “NRACW,” respectively. The offering is expected to close on February 4 th, 2021 subject to customary closing conditions.
Noble Rock Acquisition Corporation was established by Whitney A. Bower. The Board of Directors consists of Michael Alter, Dave Habiger, David Lang, Pete Low and Aemish Shah. The Company is a blank check company formed for the function of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar service combination with several companies. The Business intends to concentrate on the software and tech-enabled services sectors.
Stifel, Nicolaus & Business, Incorporated, Oppenheimer & Co. and William Blair & Company, L.L.C. are functioning as joint book-running supervisors. The Business has actually granted the underwriters a 45- day option to acquire up to an additional 3,150,000 systems at the initial public offering price to cover over-allotments, if any.
The offering is being made only by ways of a prospectus. When available, copies of the prospectus might be acquired from Stifel, Nicolaus & Company, Incorporated, Attention: Syndicate Department, One South Street, 15 th Floor Baltimore, Maryland 21202, by e-mail: syndprospectus@Stifel.com or by telephone at (855) 300-7136; Oppenheimer & Co. Inc., Attn: Oppenheimer & Co. Inc., 85 Broad Street, New York City, New York City 10004 or by email: EquityProspectus@opco.com; William Blair & Business, L.L.C., Attn: Prospectus Department, 150 North Riverside Plaza, Chicago, Illinois 60606, by telephone at (800) 621-0687, or by e-mail at firstname.lastname@example.org.
A registration statement connecting to the securities ended up being efficient on February 1 st,2021 This news release shall not make up a deal to offer or the solicitation of a deal to buy, nor will 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 certification under the securities laws of any such state or jurisdiction.
This news release contains declarations that constitute “positive statements,” including with regard to the proposed going public. No assurance can be considered that the offering will be completed on the terms explained, or at all. Forward-looking statements go through various conditions, much of which are beyond the control of the Business, including those stated in the Threat Factors section of the Company’s preliminary prospectus for the Company’s offering submitted with the U.S. Securities and Exchange Commission (the “SEC”). Copies of these documents are readily available on the SEC’s website, www.sec.gov. The Business undertakes no responsibility to upgrade these statements for modifications or changes after the date of this release, other than as required by law.
Noble Rock Acquisition Corporation