{"id":482767,"date":"2021-04-27T16:20:41","date_gmt":"2021-04-27T20:20:41","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/forest-road-acquisition-corp-ii-announces-separate-trading-of-its-class-a-common-stock-and-warrants-commencing-april-30-2021\/"},"modified":"2021-04-27T16:20:41","modified_gmt":"2021-04-27T20:20:41","slug":"forest-road-acquisition-corp-ii-announces-separate-trading-of-its-class-a-common-stock-and-warrants-commencing-april-30-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/forest-road-acquisition-corp-ii-announces-separate-trading-of-its-class-a-common-stock-and-warrants-commencing-april-30-2021\/","title":{"rendered":"Forest Road Acquisition Corp. II Announces Separate Trading of its Class A Common Stock and Warrants, Commencing April 30, 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>Forest Road Acquisition Corp. II Announces Separate Trading of its Class A Common Stock and Warrants, Commencing April 30, 2021<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nForest Road Acquisition Corp. II (NYSE: FRXB.U) (the \u201cCompany\u201d) announced today that, commencing April 30, 2021, holders of the 35,000,000 units sold in the Company\u2019s initial public offering may elect to separately trade shares of the Company\u2019s Class A common stock and warrants included in the units. The shares of Class A common stock and warrants that are separated will trade on the New York Stock Exchange (\u201cNYSE\u201d) under the symbols \u201cFRXB\u201d and \u201cFRXB WS\u201d, 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 NYSE under the symbol \u201cFRXB.U.\u201d 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 shares of Class A common stock and warrants.\n<\/p>\n<p>\nA registration statement relating to these securities has been filed with the Securities and Exchange Commission (\u201cSEC\u201d) and was declared effective on March 9, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the units and the underlying securities in any state or jurisdiction in which such an 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 initial public offering was made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained by contacting Morgan Stanley &amp; Co. LLC, Attention: Prospectus Department, 180 Varick, 2nd Floor, New York, New York 10014, or Cantor Fitzgerald &amp; Co., Attention: Capital Markets, 499 Park Avenue, New York, New York 10022, or by e-mail at <a rel=\"nofollow\" href=\"mailto:prospectus@cantor.com\">prospectus@cantor.com<\/a>.\n<\/p>\n<p>\nThe Company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any industry, it currently intends to concentrate its search for a target business operating in the technology, media, telecommunications, and consumer space.\n<\/p>\n<p>\nThe Company is led by Thomas Staggs and Kevin Mayer who both serve as Co-Chief Executive Officer and Co-Chairperson of the Board. Zachary Tarica serves as Chief Operating Officer, Idan Shani as Chief Financial Officer, and Jeremy Tarica as Chief Investment Officer of the Company. The team also includes strategic advisors Shaquille O\u2019Neal, Sheila A. Stamps, Rick Hess, and Harlan Cherniak, as well as independent directors Martin Luther King III, Salil Mehta, and Keith L. Horn.\n<\/p>\n<p>\nThe Forest Road Company, LLC, an affiliate of the Company\u2019s sponsor, is a specialty finance platform across media, real estate, and renewable energy tax credit lending as well as film tax credit administration and tax credit brokerage.\n<\/p>\n<p><b>FORWARD-LOOKING STATEMENTS<\/b><\/p>\n<p>\nThis press release contains statements that constitute \u201cforward-looking statements.\u201d 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 final prospectus for the initial public offering filed with the SEC. Copies are available on the SEC\u2019s website, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=52418968&amp;newsitemid=20210427005842&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=1&amp;md5=3276ee83b9ecdfd7be1dd6850602f885\">www.sec.gov<\/a>. 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=20210427005842r1&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\/20210427005842\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210427005842\/en\/<\/a><\/span><\/p>\n<p><i>For Media:<br \/>\n<\/i><br \/>Jaclyn Fershtman<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:media@forestroadco.com\">media@forestroadco.com<\/a><\/p>\n<p><i>For Investors:<br \/>\n<\/i><br \/>Jeremy Tarica<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:jeremy@forestroadco.com\">jeremy@forestroadco.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Consulting Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210427005842\/en\/874325\/3\/frx_logo_long.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Forest Road Acquisition Corp. II Announces Separate Trading of its Class A Common Stock and Warrants, Commencing April 30, 2021 NEW YORK&#8211;(BUSINESS WIRE)&#8211; Forest Road Acquisition Corp. II (NYSE: FRXB.U) (the \u201cCompany\u201d) announced today that, commencing April 30, 2021, holders of the 35,000,000 units sold in the Company\u2019s initial public offering may elect to separately trade shares of the Company\u2019s Class A common stock and warrants included in the units. The shares of Class A common stock and warrants that are separated will trade on the New York Stock Exchange (\u201cNYSE\u201d) under the symbols \u201cFRXB\u201d and \u201cFRXB WS\u201d, respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/forest-road-acquisition-corp-ii-announces-separate-trading-of-its-class-a-common-stock-and-warrants-commencing-april-30-2021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Forest Road Acquisition Corp. II Announces Separate Trading of its Class A Common Stock and Warrants, Commencing April 30, 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-482767","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Forest Road Acquisition Corp. 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II (NYSE: FRXB.U) (the \u201cCompany\u201d) announced today that, commencing April 30, 2021, holders of the 35,000,000 units sold in the Company\u2019s initial public offering may elect to separately trade shares of the Company\u2019s Class A common stock and warrants included in the units. The shares of Class A common stock and warrants that are separated will trade on the New York Stock Exchange (\u201cNYSE\u201d) under the symbols \u201cFRXB\u201d and \u201cFRXB WS\u201d, respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated &hellip; Continue reading &quot;Forest Road Acquisition Corp. 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