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SOAR Know-how Acquisition Corp. Broadcasts Closing of $230 Million Preliminary Public Providing

NEW YORK–(BUSINESS WIRE)–SOAR Know-how Acquisition Corp. (the “Firm”), a particular function acquisition firm, introduced at the moment the closing of its preliminary public providing of 23,000,000 items at a worth of $10.00 per unit, which included 3,000,000 items issued pursuant to the total train by the underwriters of their over-allotment choice.

The items are listed on the New York Inventory Alternate and commenced buying and selling below the ticker image “FLYA.U” on September 16, 2021. Every unit consists of 1 Class A bizarre share of the Firm and one-third of 1 redeemable warrant. Every entire warrant entitles the holder thereof to buy one Class A bizarre share of the Firm at a worth of $11.50 per share. As soon as the securities comprising the items start separate buying and selling, the Class A bizarre shares and warrants are anticipated to be listed on the New York Inventory Alternate below the symbols “FLYA” and “FLYA.WT,” respectively.

SOAR Know-how Acquisition Corp., led by Joe Poulin via his household workplace, JPK Capital, Peter Kern, and Inovia Development Fund II, represented by Chris Arsenault and Patrick Pichette, is a newly organized clean examine firm fashioned for the aim of effecting a merger, share trade, asset acquisition, share buy, reorganization or comparable transaction with a number of companies or entities within the better expertise or tech-enabled industries.

J.P. Morgan Securities LLC, RBC Capital Markets, LLC and BTIG LLC acted as joint book-running managers for this providing. The providing was made solely by way of a prospectus. Copies of the ultimate prospectus could also be obtained from:

  • J.P. Morgan Securities LLC, c/o Broadridge Monetary Options, 1155 Lengthy Island Avenue, Edgewood, New York 11717; Phone: 1-866-803-9204; E-mail: [email protected];
  • RBC Capital Markets, LLC, Consideration: Fairness Syndicate, 200 Vesey Road, eighth Ground, New York, New York 10281; Phone: 1-877-822-4089; E-mail: [email protected]; and
  • BTIG LLC, 65 East fifty fifth Road, New York, New York 10022; Phone: 1-212-593-7510. E-mail: [email protected]

The registration assertion regarding the securities turned efficient on September 15, 2021. This press launch shall not represent a proposal to promote or the solicitation of a proposal to purchase, nor shall there be any sale of those securities in any state or jurisdiction through which such supply, solicitation or sale can be illegal previous to registration or qualification below the securities legal guidelines of any such state or jurisdiction.

Cautionary Be aware Regarding Ahead-Trying Statements

This press launch accommodates statements that represent “forward-looking statements,” together with with respect to the seek for an preliminary enterprise mixture. No assurance will be on condition that the seek for an preliminary enterprise mixture can be accomplished on the phrases described, or in any respect. Ahead-looking statements are topic to quite a few circumstances, a lot of that are past the management of the Firm, together with these set forth within the “Danger Elements” part of the Firm’s registration assertion and ultimate prospectus regarding the Firm’s preliminary public providing filed with the Securities and Alternate Fee (the “SEC”). Copies can be found on the SEC’s web site at www.sec.gov. The Firm undertakes no obligation to replace these statements for revisions or adjustments after the date of this launch, besides as required by relevant legislation.