BERLIN and HONG KONG, Jan. 6, 2021 /PRNewswire/ -- Poema Global Holdings Corp. (the "Company" or "Poema Global"), a special purpose acquisition company affiliated with Princeville Capital formed for the purpose of entering into a combination with one or more businesses, today announced the pricing on January 5, 2021 of its initial public offering of 30,000,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Capital Market and trade under the ticker symbol "PPGHU" beginning January 6, 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 a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq Capital Market under the symbols "PPGH" and "PPGHW," respectively.
Citigroup Global Markets Inc. and UBS Securities LLC are acting as joint book-running managers of the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 4,500,000 units at the initial public offering price to cover over-allotments, if any.
The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from: Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at 1-800-831-9146, or UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019, by telephone at (888) 827-7275 or by emailing email@example.com.