Hillman solutions corp. announces completion of redemption of all outstanding warrants

Cincinnati, dec. 30, 2021 (globe newswire) -- hillman solutions corp. (nasdaq: hlmn), (“hillman” or “the company”), a leading provider of complete hardware solutions, today announced the completion of the redemption of its outstanding warrants (the “public warrants”) to purchase shares of the company's common stock, par value $0.0001 per share (the “common stock”), that were issued under the amended and restated warrant agreement (the “warrant agreement”), dated november 13, 2020, by and between the company and continental stock transfer & trust company (“cst”), as warrant agent (“the warrant agent”) as part of the units sold in the initial public offering (the “ipo”) of lancadia holdings iii, inc., the company's predecessor, and that remained outstanding at 5:00 p.m. new york city time on december 22, 2021 (the “redemption date”) for a redemption price of $0.10 per public warrant. in addition, the company announced the completion of the redemption of the outstanding warrants to purchase common stock that were issued under the warrant agreement in a private placement simultaneously with the ipo (the “private warrants” and, together with the public warrants, the “warrants”) on the same terms as the outstanding public warrants.
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