PROOF Acquisition Corp I Announces the Separate Trading of

RESTOON, Virginia, January 18, 2022 (GLOBE NEWSWIRE) – PROOF Acquisition Corp I (“PAC I”) announced today that beginning January 21, 2022, holders of units sold in the initial public offering of PAC I may choose to trade Class A common stock. Separately and warranties included in the units. Each unit consists of one share of Class A common stock and one half of one redeemable guarantee.

No partial orders will be issued when units are separated and only full orders will be traded. Class A common stock and segregated warrants will trade on the New York Stock Exchange (“NYSE”) under the symbols “PACI” and “PACI.WS,” respectively. Those unsecured units will continue to trade on the New York Stock Exchange under the symbol “PACI.U.” Unitholders will need to require their brokers to contact Continental Stock Transfer & Trust Company, the PAC I transfer agent, to separate the units into Class A common stock and warrants.

The units were initially shown by PAC I in a guaranteed demo. Bank of America Securities acted as the sole director of the offering.

This registration statement relating to the securities was declared effective by the Securities and Exchange Commission (“SEC”) on November 30, 2021. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of such securities in any state or jurisdiction jurisdiction in which such offer, solicitation or sale would be unlawful.

About PROOF Acquisition Corp I

PAC I is a blank check corporation incorporated as a corporation in the State of Delaware for the purpose of effecting a merger, stock exchange, asset acquisition, reorganization, or similar business combination with one or more corporations. PAC I’s goal is to identify and integrate businesses that have the potential for sustainable growth and that address a large and growing market. PAC I believes that there are attractive trends in many industries, including enterprise software, healthcare, financial technology, and the consumer sectors, although it may seek acquisitions in any industry or business sector.

forward-looking statements

This press release contains statements that constitute “forward-looking statements,” including the expected use of the net proceeds of the initial public offering of PAC I. No guarantees can be made that the net proceeds of the offer will be used as specified. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of PAC I, including those set forth in the Risk Factors section of the PAC I registration statement and prospectus submitted to the SEC for the initial public offering of PAC I. Copies are available on the SEC website at www.sec.gov and the PAC I website www.PROOF-PACI.com. PAC I undertakes no obligation to update the data in this release for revisions or changes after the date of this release, except as required by law.

Investor contact:
Michael W Zarlinga
General Counsel and Company Secretary
571-310-4949

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