Warburg Pincus Capital Corporation I-A (WPCA) Prices 25M Unit IPO at $10/Unit

March 5, 2021 6:00 AM EST

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Warburg Pincus Capital Corporation I-A (NYSE: WPCA) today announced the pricing of 25,000,000 units at $10.00 per unit. The units will be listed on the New York Stock Exchange (the "NYSE") under the symbol "WPCA.U" commencing on March 5, 2021. Each unit consists of one Class A ordinary share and one-fifth of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities constituting the units begin separate trading, we expect that the units will be listed on the NYSE under the symbols "WPCA" and "WPCA WS," respectively. The initial public offering is expected to close on March 9, 2021, subject to customary closing conditions.

Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and Evercore Group L.L.C. are acting as joint bookrunners of the offering. The Company has granted the underwriters a 45-day option to purchase an additional 3,750,000 units at the initial public offering price to cover any over-allotments.

The initial public offering will only be made by means of a prospectus.



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