Evo Acquisition Corp. has given holders of the units sold in the company’s initial public offering the option to separately trade shares of the company’s Class A common stock and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The shares of Class A common stock and warrants that are separated will trade on the Nasdaq Capital Market under the symbols “EVOJ” and “EVOJW,” respectively. Those units not separated will continue to trade on the Nasdaq under the symbol “EVOJU.” 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 shares of Class A common stock and warrants.
Evo is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the company may pursue an acquisition in any business industry or sector, it intends to focus its search on companies in the technology and financial sectors, including companies with a nexus to Japan. The Company is led by its chairman, Michael Lerch, its CEO, Richard Chisholm and its CFO, Adrian Brindle.