Provident Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing March 1, 2021

Feb 23, 2021

Provident Acquisition Corp. (the “Company”) announced today that, commencing March 1, 2021, holders of the units sold in the Company’s initial public offering of 23,000,000 units, completed on January 12, 2021, may elect to separately trade the shares of Class A ordinary shares and warrants included in the units. Those units not separated will continue to trade on the Nasdaq Capital Market (the “Nasdaq”) under the symbol “PAQCU,” and the shares of Class A ordinary shares and warrants that are separated will trade on the Nasdaq under the symbols “PAQC” and “PAQCW,” 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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