Mason Industrial Technology, Inc.Announces Separate Trading of Its Class A Common Shares and Warrants, effective on or about March 22, 2021
NEW YORK–(COMMERCIAL THREAD) – Mason Industrial Technology, Inc. (the “Society“) announced that as of or around March 22, 2021, holders of units sold as part of the Company’s initial public offering of 50,000,000 units will be able to elect to separately exchange the common shares of Class A of the Company and the Warrants included in the Units The Class A Common Shares and the Separate Warrants will trade on the New York Stock Exchange under the symbols “MIT” and “MIT.W”, respectively. Non-segregated units will continue to trade on the New York Stock Exchange under the symbol “MIT.U.” No fractional warrants will be issued upon separation of the units and only whole warrants will be traded.
The company is sponsored by Mason Industrial Sponsor, LLC, a subsidiary of Mason Capital Management LLC, a New York-based hedge fund active in public companies, private enterprises, events, credit, shareholder activism and investments. in trouble. The Company was formed for the purpose of achieving a business combination in the areas of industrial technology, advanced materials or specialty chemicals.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, and there will be no sale of such securities in any state or jurisdiction in which such an offer, solicitation or sale would be illegal prior to registration or qualification under the securities laws of any such state or jurisdiction.
This press release contains statements that constitute “forward-looking statements” within the meaning of federal securities laws. Forward-looking statements inherently involve risks and uncertainties, many of which are beyond the control of the Company, including those set out in the Risk Factors section of the Company’s registration statement for the initial public offering filed with the SEC. . Copies are available on the SEC’s website, www.sec.gov. The Company assumes no obligation to update these statements for revisions or changes after the date of this posting, except as required by law.