InterPrivate II Acquisition Corp. - FORM 8-K - EX-99.1 - PRESS RELEASE, DATED MARCH 4, 2021 - March 9, 2021

Attached files

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EX-99.2 - PRESS RELEASE, DATED MARCH 9, 2021 - InterPrivate II Acquisition Corp.ea137247ex99-2_interpriv2.htm
EX-10.6 - ADMINISTRATIVE SERVICES AGREEMENT, DATED MARCH 4, 2021, BY AND BETWEEN THE COMPA - InterPrivate II Acquisition Corp.ea137247ex10-6_interpriv2.htm
EX-10.5 - UNDERWRITER PRIVATE PLACEMENT WARRANTS PURCHASE AGREEMENT, DATED MARCH 4. 2021 B - InterPrivate II Acquisition Corp.ea137247ex10-5_interpriv2.htm
EX-10.4 - SPONSOR PRIVATE PLACEMENT WARRANTS PURCHASE AGREEMENT, DATED MARCH 4. 2021 BY AN - InterPrivate II Acquisition Corp.ea137247ex10-4_interpriv2.htm
EX-10.3 - REGISTRATION RIGHTS AGREEMENT, DATED MARCH 4, 2021, BY AND AMONG THE COMPANY, IN - InterPrivate II Acquisition Corp.ea137247ex10-3_interpriv2.htm
EX-10.2 - INVESTMENT MANAGEMENT TRUST AGREEMENT, DATED MARCH 4, 2021, BY AND BETWEEN THE C - InterPrivate II Acquisition Corp.ea137247ex10-2_interpriv2.htm
EX-10.1 - LETTER AGREEMENT, DATED MARCH 4, 2021, BY AND AMONG THE COMPANY, ITS OFFICERS, I - InterPrivate II Acquisition Corp.ea137247ex10-1_interpriv2.htm
EX-4.1 - WARRANT AGREEMENT, DATED MARCH 4, 2021, BY AND BETWEEN THE COMPANY AND CONTINENT - InterPrivate II Acquisition Corp.ea137247ex4-1_interpriv2.htm
EX-3.1 - AMENDED AND RESTATED CERTIFICATE OF INCORPORATION - InterPrivate II Acquisition Corp.ea137247ex3-1_interpriv2.htm
EX-1.2 - BUSINESS COMBINATION MARKETING AGREEMENT, DATED MARCH 4, 2021, BY AND AMONG THE - InterPrivate II Acquisition Corp.ea137247ex1-2_interpriv2.htm
EX-1.1 - UNDERWRITING AGREEMENT, DATED MARCH 4, 2021, BY AND AMONG THE COMPANY AND MORGAN - InterPrivate II Acquisition Corp.ea137247ex1-1_interpriv2.htm
8-K - CURRENT REPORT - InterPrivate II Acquisition Corp.ea137247-8k_interprivate2.htm

Exhibit 99.1

 

InterPrivate II Acquisition Corp. Announces Pricing of Upsized $225 Million Initial Public Offering

 

NEW YORK, March 4, 2021 – InterPrivate II Acquisition Corp. (the “Company”) announced today the pricing of its upsized initial public offering of 22,500,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange (the “NYSE”) and trade under the ticker symbol “IPVA.U” beginning on March 5, 2021. Each unit consists of one share of Class A common stock and one-fifth of one redeemable warrant, with each whole warrant exercisable to purchase one share of Class A common stock at a price of $11.50 per share. After the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on the NYSE under the symbols “IPVA” and “IPVA WS,” respectively. The offering is expected to close on March 9, 2021.

 

InterPrivate II Acquisition Corp. is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue initial business combination targets in any industry, the Company may pursue sectors including auto-tech and mobility, business services, consumer, retail, e-commerce or industrial technology, or businesses that possesses their own differentiated technology, with a focus on target companies with an enterprise value of $1 billion or more.

 

Morgan Stanley and EarlyBirdCapital, Inc. are acting as joint book-running managers of the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,375,000 units at the initial public offering price to cover over-allotments, if any.

 

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on March 4, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

The offering is being made only by means of a prospectus. When available, copies of the prospectus relating to this offering may be obtained from Morgan Stanley, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, or by email at prospectus@morganstanley.com; or from EarlyBirdCapital, Inc., 366 Madison Avenue, 8th Floor, New York, NY 10017, Attn: Syndicate Department, 212-661-0200.

 

Cautionary Note Concerning Forward-Looking Statements 

 

This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s initial public offering and search for an initial business combination. No assurance can be given that such offering will be completed on the terms described, or at all, or that the 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 for the initial public offering 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.

 

Press Contact

 

Charlotte Luer, Marketing

cluer@interprivate.com