Exhibit 99.1
AEA-Bridges Impact Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing November 23, 2020
NEW YORK and LONDON, Nov. 20, 2020 — AEA-Bridges Impact Corp. (NYSE: IMPX.U) (the “Company”) today announced that, commencing November 23, 2020, holders of the units sold in the Company’s initial public offering of 40,000,000 units, completed on October 5, 2020, may elect to separately trade the shares of Class A ordinary shares and warrants included in the units. Those units not separated will continue to trade on the New York Stock Exchange (“NYSE”) under the symbol “IMPX.U,” and the shares of Class A ordinary shares and warrants that are separated will trade on the NYSE under the symbols “IMPX” and “IMPX.WS,” respectively. Holders of 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.
The units were initially offered by the Company in an underwritten offering. Credit Suisse Securities (USA) LLC and Citigroup Global Markets Inc. acted as book running managers for the offering. A registration statement relating to the units and the underlying securities was declared effective by the Securities and Exchange Commission (the “SEC”) on October 1, 2020.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, 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 was made only by means of a prospectus, copies of which may be obtained from Credit Suisse Securities (USA) LLC, Attn: Prospectus Department, 6933 Louis Stephens Drive, Morrisville, North Carolina 27560, telephone: (800) 221-1037 or email: usa.prospectus@credit-suisse.com, or Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or telephone: (800) 831-9146.
About AE-Bridges Impact Corp.
AEA-Bridges Impact Corp. is a newly incorporated exempt company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with a target business. The Company may pursue a business combination target in any industry or geographic region and will invest using the lens of the UN Sustainable Development Goals, which reflect social and environmental mega-trends that are re-shaping our world.
For more information, please contact
Joele Frank, Wilkinson Brimmer Katcher
Jon Keehner and Kate Clark Thompson
Tel: +1 (212) 355-4449
AEA-Bridges-JF@joelefrank.com