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G3 VRM Acquisition Corp. Announces Separate Trading of its Class A Common Stock and Rights, Commencing August 17, 2021
BOSTON, Aug. 16, 2021 /PRNewswire/ -- G3 VRM Acquisition Corp. (NASDAQ:GGGVU) ("G3 VRM Acquisition" or the "Company") today announced that holders of the
About this update from Verifyme, Inc.
[{"type":"text","content":"BOSTON, Aug. 16, 2021 /PRNewswire/ -- G3 VRM Acquisition Corp. (NASDAQ:GGGVU) (\"G3 VRM Acquisition\" or the \"Company\") today announced that holders of the units sold in the Company's initial public offering may elect to separately trade shares of the Company's Class A common stock (\"Class A Common Stock\") and rights to acquire 1/10 of one shares of Class A Common Stock upon completion of the Company initial business combination (\"Rights\") included in the units. Class A Common Stock and Rights that are separated will trade on the Nasdaq Capital Market (\"Nasdaq\") under the symbols \"GGGV\" and \"GGGVR,\" respectively. Those units not separated will continue to trade on Nasdaq under the symbol \"GGGVU.\"\nThe units were initially offered by the Company in an underwritten offering. Maxim Group LLC acted as sole book-running manager for the offering.\nThe public offering was made only by means of a prospectus, copies of which may be obtained from Maxim Group LLC, 405 Lexington Avenue, New York, NY 10174.\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.\nAbout G3 VRM Acquisition Corp.\nG3 VRM Acquisition Corp. is a newly organized blank check company 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 it may pursue an initial business combination target in any business, industry or geographical location, it intends to focus its search on target businesses with enterprise values of approximately $250 million to $500 million within the technology and business services industry. The Company is sponsored by G3 VRM Holdings LLC, an affiliate of G2 Capital Advisors, LLC, a Massachusetts limited liability company that was founded in 2010 to provide financial advisory and investment banking services to middle-market companies leveraging deep industry sector specialization and capital markets expertise, and VerifyMe, Inc. (NASDAQ:VRME), a Nevada corporation and provider of comprehensive brand...