Investcorp Europe Acquisition Corp I Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing February 3, 2022

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Feb 02, 2022

Investcorp Europe Acquisition Corp I (Nasdaq: IVCBU) (the “Company”) announced today that commencing February 3, 2022, holders of the units sold in the Company’s initial public offering of 34,500,000 units (the “Units”) may elect to separately trade the Class A ordinary shares and warrants included in the Units. No fractional warrants will be issued upon separation of the Units and only whole warrants will trade. Those Units not separated will continue to trade on the Nasdaq Global Market (the “Nasdaq”) under the symbol “IVCBU”. The Class A ordinary shares and warrants that are separated will trade on the Nasdaq under the symbols “IVCB” and “IVCBW,” respectively. Each Unit consists of one Class A ordinary share and one-half 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. Holders of the 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 Class A ordinary shares and warrants.