Kadem Sustainable Impact Corporation Announces Pricing of $175,000,000 Initial Public Offering

NEW YORK--(BUSINESS WIRE)--Kadem Sustainable Impact Corporation (the “Company”) today announced the pricing of its initial public offering (“IPO”) of 17,500,000 units at a price of $10.00 per unit. Each unit consists of one share of the Company’s Class A common stock and one-half (1/2) of one warrant of the Company. Each whole warrant entitles the holder to purchase one share of the Company’s Class A common stock at a price of $11.50 per share, and only whole warrants are exercisable. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and are expected to trade under the ticker symbol “KSICU” beginning on Wednesday, March 17, 2021. Once the securities comprising the units begin separate trading, the shares and warrants are expected to be traded on Nasdaq under the symbols “KSI” and “KSICW,” respectively. The offering is expected to close on March 19, 2021, subject to customary closing conditions.