Forest Road Acquisition Corp. Announces Separate Trading of Its Class A Common Stock and Warrants, Commencing January 15, 2021

NEW YORK--(BUSINESS WIRE)--Forest Road Acquisition Corp. (NYSE: FRX.U) (the “Company”) announced today that, commencing January 15, 2021, holders of the 30,000,000 units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s Class A common stock and warrants included in the units. The shares of Class A common stock and warrants that are separated will trade on the New York Stock Exchange (“NYSE”) under the symbols “FRX” and “FRX WS”, respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated will continue to trade on NYSE under the symbol “FRX.U.” 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 shares of Class A common stock and warrants.