Papaya Growth Opportunity Corp. I announces separate trading of its Class A common shares and warrants, effective March 4, 2022

New York, NY, March 01, 2022 (GLOBE NEWSWIRE) — Papaya Growth Opportunity Corp. I (the “Company”) (NASDAQ: PPYAU) today announced that effective March 4, 2022, holders of units sold in the Company’s initial public offering may elect to trade separately the Company’s Class A common shares (the “Class A Common Shares”) and the included warrants in units. No Fractional Warrants will be issued upon separation of Units and only whole Warrants will be traded. The Class A Common Shares and Warrants which are separated will trade on the Nasdaq Global Market (“Nasdaq”) under the symbols “PPYA” and “PPYAW”, respectively. The unseparated units will continue to trade on the Nasdaq under the symbol “PPYAU”. Unitholders should instruct their brokers to contact Continental Stock Transfer and Trust Companythe Company’s transfer agent, to separate the units into Class A common shares and warrants.

This press release does not constitute an offer to sell or a solicitation of an offer to buy, and there will be no 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 such state or territory.

On Papaya Growth Opportunity Corp. I
The Company is a blank check corporation incorporated for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses . Although the Company may pursue an initial business combination objective in any industry, it focuses its search for a target business operating in the software, internet, media, fintech, healthcare or consumer industry IT and focuses on vertical solutions focused on AI, marketplaces, platforms and networks. The Company is supported by a management team led by the President Patrick PohlenChief Executive Officer white head of clayPresident Alexander Spiroand Chief Financial Officer and Secretary Daniel Rogers.

Forward-looking statements
This press release contains statements that constitute “forward-looking statements”, including with respect to the intended use of the net proceeds of the IPO. There can be no assurance that the net proceeds of the offering will be used as stated. Forward-looking statements are subject to numerous conditions, many of which are beyond the Company’s control, including those set forth in the Risk Factors section of the Company’s registration statement and the Company’s final offering prospectus. filed with the US Securities and Exchange Commission (“SECOND”). Copies of these documents are available on the SEC’s website, www.sec.gov. The Company assumes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact
Papaya Growth Opportunity Corp. I white head of clayChief Executive Officer
Email: [email protected]

Source: Papaya Growth Opportunity Corp I

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