Item 8.01. Other Events.
Separate Trading of Units, Class A Common Stock and Warrants
On January 29, 2021, Carney Technology Acquisition Corp. II (the "Company")
announced that, commencing on February 1, 2021, the holders of units issued in
its IPO (the "Units"), each consisting of one share of Class A common stock of
the Company, par value $0.0001 per share (the "Class A Common Stock"), and one
third of one warrant of the Company ("Warrant"), with each whole Warrant
entitling the holder thereof to purchase one share of Class A Common Stock for
$11.50 per share, may elect to separately trade shares of Class A Common Stock
and Warrants included in the Units. No fractional Warrants will be issued upon
separation of the Units and only whole Warrants will trade. The Units not
separated will continue to trade on the NASDAQ Capital Market under the symbol
"CTAQU." Shares of Class A Common Stock and the Warrants are expected to trade
on the NASDAQ Capital Market under the symbols "CTAQ" and "CTAQW," 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 shares of Class A Common Stock and Warrants.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 Press Release, dated January 29, 2021
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