Schultze Special Purpose Acquisition Corp. (SAMA)

[MWM]

Warrant Info

On December 13, 2018, we consummated our initial public offering of 13,000,000 units, with each unit consisting of one share of common stock, par value $0.0001 per share, and one warrant. Each warrant entitles the holder to purchase one share of common stock at a price of $11.50 per share. Each warrant will become exercisable 30 days after the completion of an initial business combination and will expire on the fifth anniversary of our completion of an initial business combination, or earlier upon redemption or liquidation. The units in our initial public offering were sold at an offering price of $10.00 per unit, generating total gross proceeds of $130,000,000. EarlyBirdCapital and BTIG, LLC served as joint book-running managers and I-Bankers Securities, Inc. acted as co-manager of our initial public offering. The securities sold in our initial public offering were registered under the Securities Act on the company’s registration statement on Form S-1 (File No. 333-228494). The SEC declared the registration statement effective on December 10, 2018.