Pershing Square Tontine Holdings, Ltd. Notes Upcoming Automatic Unit Separation

NEW YORK--(BUSINESS WIRE)--Pershing Square Tontine Holdings, Ltd. (“PSTH” or the “Company”) (NYSE:PSTH.U) announced today that, on Friday, September 11, 2020 (the “Unit Separation Date”), the Company’s PSTH.U Units (the “Units”) will no longer trade, and that the Company’s Class A Common Stock (the “Class A Common Stock”) and the Company’s Distributable Redeemable Warrants (the “Distributable Redeemable Warrants”) which together comprise the Units will commence trading separately. The Class A Common Stock and Distributable Redeemable Warrants will be listed on the New York Stock Exchange and trade with the ticker symbols “PSTH” and “PSTH.WS,” respectively. This is a mandatory and automatic separation, and no action is required by the holders of Units.