Corsair Partnering Corporation Announces Closing of $250 Million Initial Public Offering

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Jul 07, 2021

Corsair Partnering Corporation (the “Company”) today announced the closing of its initial public offering of 25,000,000 units at a price of $10.00 per unit. The units began trading on the New York Stock Exchange (“NYSE”) under the ticker symbol “CORS.U” on July 1, 2021. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and redeemable warrants are expected to be listed on NYSE under the symbols “CORS” and “CORS WS,” respectively.