Austerlitz Acquisition Corporation I Announces Closing of Initial Public Offering and Exercise of Underwriters' Over-Allotment Option

Mar 03, 2021

Austerlitz Acquisition Corporation I (the “Company”) today announced the closing of its initial public offering of 69,000,000 units, which includes 9,000,000 units issued upon the exercise of the underwriters’ over-allotment option, which was exercised in full, at a public offering price of $10.00 per unit. Each unit consists of one of the Company’s Class A ordinary shares and one-fourth of one warrant. Each whole warrant entitles the holder to one of the Company’s Class A ordinary shares at a price of $11.50 per share. The units are listed on the New York Stock Exchange (the "NYSE") under the symbol "AUS.U". Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the NYSE under the symbols "AUS" and "AUS WS”, respectively.

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