Benzinga | Oct 23, 2020 08:45AM EDT

HighCape Capital Acquisition Corp. Announces Separate Trading of Its Class A Common Stock And Warrants, Commencing On Or about October 26, 2020

NEW YORK, Oct. 23, 2020 (GLOBE NEWSWIRE) -- HighCape Capital Acquisition Corp. (the "Company") announced today that holders of the units sold in the Company's initial public offering of 11,500,000 units completed on September 9, 2020 (the "offering") may elect to separately trade the shares of Class A common stock and warrants included in the units commencing on or about October 26, 2020. Any units not separated will continue to trade on the Nasdaq Capital Market (the "Nasdaq") under the symbol "CAPAU" and each of the shares of Class A common stock and warrants will separately trade on the Nasdaq under the symbols "CAPA" and "CAPAW," 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 warrants.

About HighCape Capital Acquisition Corp.

HighCape Capital Acquisition Corp. is a blank check company whose business purpose is to effect 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 or geographic region, the Company intends to focus its search for an initial business combination on businesses in the life sciences and life sciences related industries.

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on September 3, 2020. 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 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.

The offering was made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor, New York, New York 10022; Email: prospectus@cantor.com.