Valor Latitude Acquisition Corp. Announces Closing of $200 Million Initial Public Offering

May 06, 2021

Valor Latitude Acquisition Corp. (“Valor Latitude” or the “Company”) announced the closing today of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units began trading on the Nasdaq Capital Market (the "Nasdaq") under the ticker symbol “VLATU” on May 4, 2021. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share. After the securities comprising the units begin separate trading, the Class A ordinary shares and the warrants are expected to be listed on the Nasdaq under the symbols “VLAT” and “VLATW,” respectively.

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