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Andretti Acquisition Corp. Announces Pricing of $200,000,000 Initial Public Offering


INDIANAPOLIS–(Business WIRE)–Andretti Acquisition Corp., a exclusive goal acquisition corporation (the “Company”), introduced now the pricing of its first public providing of 20,000,000 models at a rate of $10.00 for each unit. The models will be mentioned on the New York Inventory Trade (the “NYSE”) and trade below the ticker image “WNNR.U” starting on January 13, 2022. Each individual unit is made up of one Course A everyday share and one particular-half of just one redeemable public warrant, with each entire general public warrant entitling the holder thereof to purchase a person Course A everyday share at a price of $11.50 per share, issue to adjustment, and only whole public warrants being exercisable. After the securities comprising the units start out independent investing, the Class A everyday shares and public warrants are expected to be mentioned on the NYSE less than the symbols “WNNR” and “WNNR WS,” respectively. The offering is envisioned to near on January 18, 2022, issue to customary closing circumstances.

RBC Money Marketplaces, LLC is performing as the sole book-working supervisor for the offering. The Business has granted the underwriter a 45-working day selection to obtain up to an extra 3,000,000 models at the first community offering value to cover around-allotments, if any.

A registration statement relating to these securities was declared productive by the U.S. Securities and Trade Fee (the “SEC”) on January 12, 2022. This push release shall not constitute an give to offer or the solicitation of an provide to get, nor shall there be any sale of these securities in any condition or jurisdiction in which this kind of provide, solicitation or sale would be unlawful prior to registration or qualification beneath the securities rules of any such state or jurisdiction.

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The featuring is getting created only by signifies of a prospectus. When out there, copies of the prospectus relating to the providing may perhaps be acquired from RBC Funds Marketplaces, LLC, Attention: Fairness Cash Markets, 200 Vesey Street, New York, NY 10281, by telephone at 877-822-4089 or by e mail at equityprospectus@rbccm.com.

About Andretti Acquisition Corp.

The Corporation is a blank check out corporation integrated as a Cayman Islands exempted company whose company goal is to result a merger, share trade, asset acquisition, share buy, reorganization or similar small business combination with just one or much more companies or entities. While the Organization may pursue an original small business blend in any business, industry or geographic spot, the Organization now seeks to aim on possibilities that can benefit from the legendary Andretti brand name title, equally inside and outdoors of the around the world motor athletics platform, and the expertise and capability of its administration workforce to establish, get and mature a organization in the broadly-defined automotive field. This field features, but is not constrained to, superior mobility and associated upcoming-era technologies, top quality and efficiency autos and replacement automotive elements.

CAUTIONARY Notice About Ahead-Searching STATEMENTS

This push launch consists of, and oral statements made from time to time by our representatives may possibly have, statements that represent “forward-searching statements,” such as with respect to the proposed initial general public supplying, the predicted use of the web proceeds and the search for an first enterprise combination. No assurance can be supplied that the proposed initial public featuring will be finished on the terms described, or at all, or that the net proceeds of the preliminary general public presenting will be applied as indicated. Forward-looking statements are matter to various problems, many of which are outside of the regulate of the Enterprise, like those set forth in the “Risk Factors” section of the Company’s registration statement and preliminary prospectus relating to the Company’s initial general public providing filed with the SEC. Copies are out there on the SEC’s website, www.sec.gov. The Business undertakes no obligation to update these statements for revisions or alterations after the day of this release, other than as needed by applicable legislation.

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