Colonnade Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing on or about October 9, 2020

Oct 06, 2020

Colonnade Acquisition Corp. (NYSE: CLA.U) (the “Company”) announced that holders of the units sold in the Company’s initial public offering of 20,000,000 units completed on August 25, 2020 (the “offering”) may elect to separately trade the Class A ordinary shares and warrants included in the units commencing on or about October 9, 2020. Any units not separated will continue to trade on The New York Stock Exchange under the symbol “CLA.U”, and each of the Class A ordinary shares and warrants will separately trade on The New York Stock Exchange under the symbols “CLA” and “CLA 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 Class A ordinary shares and warrants.

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