Aries I Acquisition Corporation Announces Pricing of $125 Million Initial Public Offering

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May 19, 2021

Aries I Acquisition Corporation (the “Company”) announced today the pricing of its initial public offering of 12,500,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Stock Market (the “Nasdaq”) and trade under the ticker symbol “RAMMU” beginning on May 19, 2021. Each unit consists of one Class A ordinary share of the Company and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of $11.50 per share. After the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “RAM” and “RAMMW,” respectively. The offering is expected to close on May 21, 2021.