NEW YORK – (BUSINESS WIRE) – March 10, 2021 –
Frontier Acquisition Corp. (the “Firm”), a particular objective acquisition firm created with the purpose of concluding a mix with a number of firms, at the moment introduced the worth of its preliminary public providing of 20,000,000 items priced at $ 10.00 per unit. . The items will probably be listed on the Nasdaq Capital Market and can commerce beneath the image “FRONU” from March 11, 2021. Every unit consists of 1 class A odd share of the Firm and one quarter of a bond. redeemable subscription. Every entire warrant entitles its holder to buy one Class A typical share of the Firm at a value of $ 11.50 per share. As soon as the securities comprising the Models start to commerce individually, the Class A Frequent Shares and Warrants are anticipated to be listed on the Nasdaq Capital Market beneath the symbols “FRON” and “FRONW”, respectively.
Frontier Acquisition Corp., sponsored by a subsidiary of Falcon Edge Capital and Apeiron Funding Group, is led by Chief Government Officer Christian Angermayer, Co-Chairs Rick Gerson and Ryan Khoury, and Board Co-Chairs David A. Sinclair and Peter Attia and Director Jonathan Christodoro. The corporate intends to leverage the experiences of its administration workforce to create vital long-term worth for the corporate’s shareholders. The workforce’s experiences embody: Christian Angermayer as Founding father of Apeiron Funding Group, Peter Attia as Medical Practitioner specializing in Utilized Science of Longevity and Co-Founder and Chief Medical Officer of Fasting Software Zero, and David A. Sinclair as professor of genetics at Harvard Medical College and co-founder of a number of biotechnology firms. Whereas the corporate intends to grab alternatives on the intersection of the healthcare and tech sectors, the corporate is not going to be restricted to at least one explicit business or geographic area in its identification and acquisition of ‘a goal firm.
Credit score Suisse Securities (USA) LLC and Berenberg Capital Markets LLC acted as underwriters for the provide. The Firm has granted the underwriters a 45-day choice to buy as much as 3,000,000 extra items on the preliminary public providing value to cowl over-allotments, if any.
The provide is being made solely via a prospectus. Copies of the prospectus could also be obtained from: Credit score Suisse Securities (USA) LLC, c / o Credit score Suisse Securities (USA) LLC, Attn: Prospectus Division, 6933 Louis Stephens Drive, Morrisville, North Carolina 27560, Phone : 1 -800-221-1037, Electronic mail: [email protected]
A registration assertion referring to the securities entered into power on March 10, 2021. This press launch doesn’t represent a proposal to promote or the solicitation of a proposal to purchase, nor any sale of such securities in any state or jurisdiction. jurisdiction the place such providing, solicitation or sale can be unlawful previous to registration or qualification beneath the securities legal guidelines of such state or jurisdiction.
The provide is anticipated to shut on March 15, 2021, topic to customary closing situations.
Warning Relating to Ahead-Trying Statements
This press launch incorporates statements that represent “forward-looking statements”, together with with respect to the proposed preliminary public providing and the meant use of the online proceeds. There will be no assurance that the provide referred to above will probably be accomplished on the phrases described, or by no means, or that the online proceeds of the provide will probably be used as indicated. Ahead-looking statements are topic to quite a few situations, a lot of that are past the management of the Firm, together with these set out within the Threat Components part of the registration assertion and preliminary prospectus of the Firm’s providing filed with of the Securities and Trade Fee (“SECOND”). Copies can be found on the SEC web site, www.sec.gov. The Firm assumes no obligation to replace these statements for revisions or adjustments after the date of this launch, besides as required by legislation.
View supply model on businesswire.com:https://www.businesswire.com/information/house/20210310006060/en/
CONTACT: For traders:
David Hilbert, Enterprise Growth Supervisor
Cellphone: (212) 803-9080
Electronic mail: [email protected] For the media:
Jonathan Gasthalter / Nathaniel Garnick
Gasthalter & Co.
KEYWORD: NEW YORK UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: BANK OF OTHER PROFESSIONAL SERVICES PROFESSIONAL SERVICES FINANCING
SOURCE: Frontier Acquisition Corp.
Copyright Enterprise Wire 2021.
PUB: 03/10/2021 8:57 p.m. / DISC: 03/10/2021 8:57 p.m.
Copyright Enterprise Wire 2021.