CHICAGO–(BUSINESS WIRE)–Equity Distribution Acquisition Corp. announced that, commencing November 6, 2020, holders of the units sold in the Company’s initial public offering of 41,400,000 units, completed on September 18, 2020, may elect to separately trade the shares of Class A common stock and warrants included in the units. Those units that are not separated at the election of the holder will continue to trade on the New York Stock Exchange under the symbol “EQD.U,” and the shares of Class A common stock and warrants that are separated will trade on the NYSE under the symbols “EQD” and “EQD WS,” respectively. Holders of the 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.
The units were initially offered by the Company in an underwritten offering. Credit Suisse Securities LLC acted as the book running manager for the offering. A registration statement relating to the units and the underlying securities was declared effective by the Securities and Exchange Commission on September 15, 2020.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Equity Distribution Acquisition Corp.
The Company is a newly organized blank check company incorporated in Delaware for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company has not yet selected any specific business combination target
