Crypto 1 Acquisition Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants

Miami – (work wire) –Crypto 1 Acquisition Corp (Nasdaq: DAOOU) (“The Company”) Today, effective January 12, 2022, holders of 23,000,000 units sold in the Company’s initial public offering may separately elect to trade the Company’s Class A common stock and warrants embedded in the Units. Class A common shares and separate warrants will trade on the NASDAQ Global Market under the symbols “DAOO” and “DAOOW”, respectively. No partial orders will be issued when units are separated and only full orders will be traded. These non-separate units will continue to trade under the NASDAQ Global Market symbol “DAOOU”. Unitholders will need to require their brokers to contact Continental Stock Transfer & Trust Company, the company’s transfer agent, in order to separate the units into ordinary Class A shares and shares.

Crypto 1 Acquisition Corp is a blank check company formed for the purpose of carrying out a merger, capital exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more companies.

The units were initially offered by the Company in a subscribed offering. B. Riley Securities Inc acted as the sole underwriting manager for the offering.

A registration statement relating to these securities was made effective by the Securities and Exchange Commission (“SEC”) on December 6, 2021. This press release does not constitute an offer to sell or the solicitation of an offer to buy, and there may be no sale of these securities in any jurisdiction or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state or jurisdiction.

The offering was made only by way of a prospectus, copies of which can be obtained on the US Securities and Exchange Commission website at http://www.sec.gov. Alternatively, copies of this prospectus may be obtained from B. Riley Securities Inc. .com.

Cautionary note regarding forward-looking statements

This press release contains statements that constitute “forward-looking statements,” including in relation to the search for an initial group of businesses. No guarantees can be given that the initial business combination will be completed. Forward-looking statements are subject to numerous conditions, many of which are outside the company’s control, including those set forth in the “Risk Factors” section of the company’s registration statement and final prospectus for the company’s presentation to the Securities and Exchange Commission. Copies of these documents are available on the SEC website, www.sec.gov. The Company undertakes no obligation to update this data for revisions or changes after the date of this release, except as required by law.

Leave a Comment