{"id":424609,"date":"2021-01-29T09:03:30","date_gmt":"2021-01-29T14:03:30","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=424609"},"modified":"2021-01-29T09:03:30","modified_gmt":"2021-01-29T14:03:30","slug":"motive-capital-corp-announces-the-separate-trading-of-its-class-a-ordinary-shares-and-warrants-commencing-february-1-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/motive-capital-corp-announces-the-separate-trading-of-its-class-a-ordinary-shares-and-warrants-commencing-february-1-2021\/","title":{"rendered":"Motive Capital Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing February 1, 2021"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Motive Capital Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing February 1, 2021<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nMotive Capital Corp (the \u201cCompany\u201d) today announced that, commencing February 1, 2021, holders of the units sold in the Company&#8217;s initial public offering of 41,400,000 units, including 5,400,000 units issued pursuant to the full exercise of the underwriters\u2019 over-allotment option, completed on December 15, 2020, may elect to separately trade the Class A ordinary shares and warrants included in the units. Class A ordinary shares and warrants that are separated will trade on the New York Stock Exchange under the symbols \u201cMOTV\u201d and \u201cMOTV WS,\u201d respectively. Those units not separated will continue to trade on the New York Stock Exchange under the symbol \u201cMOTV.U.\u201d No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Continental Stock Transfer &amp; Trust Company, the Company\u2019s transfer agent, in order to separate the units into Class A ordinary shares and warrants.\n<\/p>\n<p>\nThe units were initially offered by the Company in an underwritten offering. UBS Investment Bank and J.P. Morgan acted as joint book-running managers for the offering. A registration statement relating to the units and the underlying securities was declared effective by the Securities and Exchange Commission (the \u201cSEC\u201d) on December 10, 2020.\n<\/p>\n<p>\nThis press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.\n<\/p>\n<p>\nThe offering was made only by means of a prospectus, copies of which may be obtained from the offices of UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, New York 10019, telephone: (888) 827-7275 or email: <a rel=\"nofollow\" href=\"mailto:ol-prospectusrequest@ubs.com\">ol-prospectusrequest@ubs.com<\/a>; or J.P. Morgan Securities LLC, c\/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: 1-866-803-9204, or by email at <a rel=\"nofollow\" href=\"mailto:prospectus-eq_fi@jpmchase.com\">prospectus-eq_fi@jpmchase.com<\/a>.\n<\/p>\n<p><b>About Motive Capital Corp<\/b><\/p>\n<p>\nMotive Capital Corp is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.\n<\/p>\n<p><b>Cautionary Statement Concerning Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release may include \u201cforward-looking statements\u201d within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend\u201d and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company\u2019s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company\u2019s filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-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\u2019s registration statement and prospectus relating to the Company\u2019s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210129005084r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210129005084\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210129005084\/en\/<\/a><\/span><\/p>\n<p>\nBob Brown<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:info@motivecapitalcorp.com\">info@motivecapitalcorp.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Motive Capital Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing February 1, 2021 NEW YORK&#8211;(BUSINESS WIRE)&#8211; Motive Capital Corp (the \u201cCompany\u201d) today announced that, commencing February 1, 2021, holders of the units sold in the Company&#8217;s initial public offering of 41,400,000 units, including 5,400,000 units issued pursuant to the full exercise of the underwriters\u2019 over-allotment option, completed on December 15, 2020, may elect to separately trade the Class A ordinary shares and warrants included in the units. Class A ordinary shares and warrants that are separated will trade on the New York Stock Exchange under the symbols \u201cMOTV\u201d and \u201cMOTV WS,\u201d respectively. Those units not separated will continue to trade on the New York &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/motive-capital-corp-announces-the-separate-trading-of-its-class-a-ordinary-shares-and-warrants-commencing-february-1-2021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Motive Capital Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing February 1, 2021&#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-424609","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Motive Capital Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing February 1, 2021 - 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\/motive-capital-corp-announces-the-separate-trading-of-its-class-a-ordinary-shares-and-warrants-commencing-february-1-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Motive Capital Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing February 1, 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Motive Capital Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing February 1, 2021 NEW YORK&#8211;(BUSINESS WIRE)&#8211; Motive Capital Corp (the \u201cCompany\u201d) today announced that, commencing February 1, 2021, holders of the units sold in the Company&#8217;s initial public offering of 41,400,000 units, including 5,400,000 units issued pursuant to the full exercise of the underwriters\u2019 over-allotment option, completed on December 15, 2020, may elect to separately trade the Class A ordinary shares and warrants included in the units. Class A ordinary shares and warrants that are separated will trade on the New York Stock Exchange under the symbols \u201cMOTV\u201d and \u201cMOTV WS,\u201d respectively. 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Class A ordinary shares and warrants that are separated will trade on the New York Stock Exchange under the symbols \u201cMOTV\u201d and \u201cMOTV WS,\u201d respectively. 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