NEW YORK--(BUSINESS WIRE)--Frontier Investment Corp. ("the Company" or "Frontier") (NASDAQ: FICVU), a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced that holders of the Company's units may elect to separately trade the ordinary shares and warrants included in its units commencing on or about August 23, 2021.
The ordinary shares and warrants will trade on the NASDAQ Capital Market ("NASDAQ") under the symbols FICV and FICVW, respectively. Units not separated will continue to trade on NASDAQ under the symbol FICVU. After separation, the ordinary shares and warrants may be recombined to create units.
About Frontier Investment Corp
Frontier Investment Corp is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Frontier Investment Corp intends to focus its search on a target with business operations or prospective operations in the technology, digital media, e-commerce, financial technology, or digital services sectors (which it refers to as the “new economy sectors”) across the high growth markets of the Middle East North Africa & Turkey, Sub-Saharan Africa, South Asia and Southeast Asia, but may pursue an acquisition or a business combination target in any business, industry or geography.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the IPO and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the IPO filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.