Item 8.01. Other Events.
Separate Trading of Units, Class A Common Stock and Warrants
On January 21, 2021, PropTech Investment Corporation II (the "Company")
announced that, commencing on January 25, 2021, the holders of units issued in
its initial public offering (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 the 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 shares of Class A Common Stock and the Warrants are expected to trade on the
Nasdaq Capital Market under the symbols "PTIC" and "PTICW," respectively. The
Units not separated will continue to trade on the Nasdaq Capital Market under
the symbol "PTICU." 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 21, 2021
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