E.Merge Technology Acquisition Corp. Announces Pricing of $522,000,000 Initial Public Offering

E.Merge Technology Acquisition Corp. Announces Pricing of $522,000,000 Initial Public Offering

E.Merge Technology Acquisition Corp. (the “Company”) announced today that it priced its initial public offering of 52,200,000 units at $10.00 per unit. The units will be listed on the Capital Market (“Nasdaq”) and will begin trading tomorrow, Friday, July 31, 2020, under the ticker symbol “ETACU”. Each unit consists of share of the Company’s Class A common stock and one-third of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole are exercisable and will trade.  Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “ETAC” and “ETACW,” respectively.

Source: www.globalnewswire.com