Crown PropTech Acquisitions Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing March 30, 2021
NEW YORK--(BUSINESS WIRE)--Crown PropTech Acquisitions (the “Company”) announced today that, commencing March 30, 2021, holders of the units sold in the Company’s initial public offering of 27,600,000 units, completed on February 11, 2021, may elect to separately trade the shares of Class A ordinary shares and warrants included in the units. Those units not separated will continue to trade on the New York Stock Exchange (the “NYSE”) under the symbol “CPTK.U,” and the shares of Class A ordinary shares and warrants that are separated will trade on the NYSE under the symbols “CPTK” and “CPTK WS,” 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.