Holicity Inc. Announces Pricing of Upsized $275 Million Initial Public Offering

NEW YORK--(BUSINESS WIRE)--Holicity Inc. (the “Company”) announced the pricing yesterday of its upsized initial public offering of 27,500,000 units at a price of $10.00 per unit. The units will be listed on the NASDAQ Stock Exchange (NASDAQ) and will trade under the ticker symbol “HOLUU” beginning on August 5, 2020. Each unit consists of one Class A share and one-third of one redeemable warrant, with each whole warrant exercisable to purchase one Class A share at a price of $11.50 per share. Only whole warrants will be exercisable. Once the securities comprising the units begin separate trading, the Class A shares and warrants are expected to be listed on the NASDAQ under the symbols “HOL” and “HOLUW,” respectively. The offering is expected to close on August 7, 2020.