Cerberus Telecom Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing December 11, 2020

Dec 10, 2020

Cerberus Telecom Acquisition Corp. (NYSE: CTAC.U) (the “Company”) today announced that, commencing December 11, 2020, holders of the units sold in the Company’s initial public offering of units, completed on October 26, 2020, may elect to separately trade the Class A ordinary shares and warrants included in the units. Those units not separated will continue to trade on the New York Stock Exchange (“NYSE”) under the symbol “CTAC.U,” and the Class A ordinary shares and warrants that are separated will trade on the NYSE under the symbols “CTAC” and “CTAC WS,” respectively. 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 Class A ordinary shares and warrants.

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