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Wednesday, 12/30/2020 1:42:25 PM

Wednesday, December 30, 2020 1:42:25 PM

Post# of 210
Great info about the warrants below:

https://money.stackexchange.com/questions/133310/why-are-stock-warrants-sometimes-sold-for-less-than-their-intrinsic-value

I know these warrants can be exercised at a price of $11.50 but only 30 days after the merger is complete but this other site says they expire on Dec 31, 2026 so I was wondering if this date on this site below is correct?

http://canadianwarrants.com/american/nasdaq.html#axzz6i8I0zhP5

Also Dec 31, 2026 is also written many times on page below:

https://sec.report/Ticker/CIICW

According to this document that was filed on 2019-11-22
https://sec.report/Document/0001213900-19-024500 it states this:

This is an initial public offering of our securities. Each unit has an offering price of $10.00 and consists of one share of our Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of our Class A common stock at a price of $11.50 per share, subject to adjustment as described in this prospectus, and only whole warrants are exercisable.

The warrants will become exercisable on the later of 30 days after the completion of our initial business combination or 12 months from the closing of this offering, and will expire five years after the completion of our initial business combination or earlier upon redemption or liquidation, as described in this prospectus. Subject to the terms and conditions described in this prospectus, we may redeem the warrants either for cash once the warrants become exercisable or for shares of our Class A common stock commencing 90 days after the warrants become exercisable. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. We have also granted the underwriters a 45-dayoption to purchase up to an additional3,375,000units to cover over-allotments, if any.


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