Longview Acquisition Corp. Announces the Separate Trading of Stock and Warrants
Longview Acquisition Corp. (NYSE: LGVW.U) (the “Company”) announced that, commencing July 13, 2020, holders of the units sold in the Company’s initial public offering of 41,400,000 units, may elect to separately trade the shares of Class A common stock and redeemable warrants included in the units. Those units not separated will continue to trade on the New York Stock Exchange (the “NYSE”) under the symbol “LGVW.U,” and the shares of Class A common stock and redeemable warrants that are separated will trade on the NYSE under the symbols “LGVW” and “LGVW WS,” respectively. 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 & Trust Company, the Company’s transfer agent, in order to separate the units into shares of Class A common stock and redeemable warrants.
The units were initially offered by the Company in an underwritten offering. Cowen and Company, LLC and UBS Securities LLC acted as book-running managers of the offering. Registration statements relating to the units and the underlying securities became effective on May 20, 2020.