{"id":414295,"date":"2021-01-13T11:38:35","date_gmt":"2021-01-13T16:38:35","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=414295"},"modified":"2021-01-13T11:38:35","modified_gmt":"2021-01-13T16:38:35","slug":"genesis-park-acquisition-corp-announces-the-separate-trading-of-its-class-a-ordinary-shares-and-warrants","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/genesis-park-acquisition-corp-announces-the-separate-trading-of-its-class-a-ordinary-shares-and-warrants\/","title":{"rendered":"Genesis Park Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">HOUSTON<\/span>, <span class=\"xn-chron\">Jan. 13, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Genesis Park Acquisition Corp. (the &#8220;Company&#8221;) announced today that, commencing <span class=\"xn-chron\">January 14, 2021<\/span>, holders of the 16,377,622 units sold in the Company&#8217;s initial public offering may elect to separately trade the Company&#8217;s Class A ordinary shares and warrants included in the units.\u00a0 Class A ordinary shares and warrants that are separated will trade on The New York Stock Exchange under the symbols &#8220;GNPK&#8221; and &#8220;GNPK WS,&#8221; respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated will continue to trade on The New York Stock Exchange under the symbol &#8220;GNPK.U.&#8221; Holders of units will need to have their brokers contact Continental Stock Transfer &amp; Trust Company, the Company&#8217;s transfer agent, in order to separate the units into Class A ordinary shares and warrants.<\/p>\n<p>The Company is a new special purpose acquisition company formed for the purpose of effecting a business combination with one or more businesses. \u00a0While the Company may pursue an initial business combination target in any industry, it intends to focus on opportunities that align with the significant aerospace and aviation services experience of its management team, board of directors and advisory committee. \u00a0The Company is sponsored by Genesis Park Holdings, an affiliate of Genesis Park, a <span class=\"xn-location\">Houston<\/span>-based private equity firm, and is led by <span class=\"xn-person\">David Siegel<\/span> as Chairman, <span class=\"xn-person\">Paul Hobby<\/span> as Chief Executive Officer, and <span class=\"xn-person\">Jonathan Baliff<\/span> as President and Chief Financial Officer.<\/p>\n<p>The units were initially offered by the Company in an underwritten offering.\u00a0 Jefferies LLC acted as the sole book-running manager for the offering.\u00a0 <\/p>\n<p>\n        <b>Cautionary Statements and Disclaimer<\/b>\n      <\/p>\n<p>The Registration Statement relating to these securities was declared effective by the Securities and Exchange Commission (&#8220;SEC&#8221;) on <span class=\"xn-chron\">November 23<\/span>, 2020.\u00a0 This press release will not constitute an offer to sell or the solicitation of an offer to buy these securities, nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of any such state or jurisdiction.<\/p>\n<p>\n        <i>Forward-Looking Statements\u00a0<\/i>\n      <\/p>\n<p>This press release contains statements that constitute &#8220;forward-looking statements,&#8221; including with respect to the initial public offering and search for an initial business combination. \u00a0No assurance can be given that the proceeds of the offering will be used as indicated. \u00a0Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company&#8217;s Registration Statement for the initial public offering filed with the SEC. \u00a0Copies are available on the SEC&#8217;s website, <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3036302-1&amp;h=4006045797&amp;u=http%3A%2F%2Fwww.sec.gov%2F&amp;a=www.sec.gov\" rel=\"nofollow noopener noreferrer\">www.sec.gov<\/a>. \u00a0The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA47690&amp;sd=2021-01-13\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/genesis-park-acquisition-corp-announces-the-separate-trading-of-its-class-a-ordinary-shares-and-warrants-301207694.html\">http:\/\/www.prnewswire.com\/news-releases\/genesis-park-acquisition-corp-announces-the-separate-trading-of-its-class-a-ordinary-shares-and-warrants-301207694.html<\/a><\/p>\n<p>SOURCE  Genesis Park Acquisition Corp.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DA47690&amp;Transmission_Id=202101131135PR_NEWS_USPR_____DA47690&amp;DateId=20210113\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire HOUSTON, Jan. 13, 2021 \/PRNewswire\/ &#8212;\u00a0Genesis Park Acquisition Corp. (the &#8220;Company&#8221;) announced today that, commencing January 14, 2021, holders of the 16,377,622 units sold in the Company&#8217;s initial public offering may elect to separately trade the Company&#8217;s Class A ordinary shares and warrants included in the units.\u00a0 Class A ordinary shares and warrants that are separated will trade on The New York Stock Exchange under the symbols &#8220;GNPK&#8221; and &#8220;GNPK WS,&#8221; respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated will continue to trade on The New York Stock Exchange under the symbol &#8220;GNPK.U.&#8221; Holders of units will need to have their brokers contact Continental &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/genesis-park-acquisition-corp-announces-the-separate-trading-of-its-class-a-ordinary-shares-and-warrants\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Genesis Park Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-414295","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Genesis Park Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/genesis-park-acquisition-corp-announces-the-separate-trading-of-its-class-a-ordinary-shares-and-warrants\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Genesis Park Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire HOUSTON, Jan. 13, 2021 \/PRNewswire\/ &#8212;\u00a0Genesis Park Acquisition Corp. (the &#8220;Company&#8221;) announced today that, commencing January 14, 2021, holders of the 16,377,622 units sold in the Company&#8217;s initial public offering may elect to separately trade the Company&#8217;s Class A ordinary shares and warrants included in the units.\u00a0 Class A ordinary shares and warrants that are separated will trade on The New York Stock Exchange under the symbols &#8220;GNPK&#8221; and &#8220;GNPK WS,&#8221; respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated will continue to trade on The New York Stock Exchange under the symbol &#8220;GNPK.U.&#8221; Holders of units will need to have their brokers contact Continental &hellip; Continue reading &quot;Genesis Park Acquisition Corp. 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