NEW YORK– (BUSINESS WIRE) – Avanti Acquisition Corp. (het “Bedrijf”), een bedrijf met blanco cheques dat is opgericht met het doel een fusie, kapitaalbeurs, verwerving van activa, aankoop van aandelen, reorganisatie of soortgelijke bedrijfscombinaties met een of meer bedrijven, kondigde vandaag de start aan van haar beursgang van 50.000.000 eenheden tegen een prijs van $ 10,00 per eenheid. Het bedrijf wordt gesponsord door Avanti Acquisition SCSp, een dochteronderneming van NNS Group, de private family office van Nassef Sawiris en Sienna Capital, een dochteronderneming van Groupe Bruxelles Lambert. Het bedrijf is van plan sectoronafhankelijk te zijn en zich te concentreren op Europese familiebedrijven of oprichters geleide bedrijven met een Amerikaanse nexus. De aandelen zullen naar verwachting worden genoteerd aan de New York Stock Exchange (de “NYSE”) en worden verhandeld onder het tickersymbool “AVAN.U”. Elke eenheid bestaat uit één aandeel van gewone aandelen Klasse A en de helft van één terugbetaalbare warrant. Elke volledige warrant kan worden uitgeoefend voor één aandeel van gewone aandelen van klasse A tegen een prijs van $ 11,50 per aandeel. Alleen volledige warrants zijn uitoefenbaar. Zodra de effecten waaruit de eenheden bestaan, afzonderlijk worden verhandeld, wordt verwacht dat de aandelen van gewone aandelen van klasse A en warrants op de NYSE worden genoteerd onder respectievelijk de symbolen “AVAN” en “AVAN WS”.

Avanti Acquisition Corp. Announces Launch of $500,000,000 Initial Public Offering

NEW YORK–(BUSINESS WIRE)– Avanti Acquisition Corp. (the “Company”), a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the commencement of its initial public offering of 50,000,000 units at a price of $10.00 per unit. The Company is sponsored by Avanti Acquisition SCSp, an affiliate of NNS Group, the private family office of Nassef Sawiris and Sienna Capital, a subsidiary of Groupe Bruxelles Lambert. The Company intends to be sector agnostic and to focus on European family owned or founder led businesses with a US nexus. The units are expected to be listed on the New York Stock Exchange (the “NYSE”) and trade under the ticker symbol “AVAN.U”. Each unit consists of one share of Class A common stock and one-half of one redeemable warrant. Each whole warrant may be exercised for one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on the NYSE under the symbols “AVAN” and “AVAN WS,” respectively.

Citigroup Global Markets Inc. and Goldman Sachs & Co. LLC are serving as the joint book-running managers for the offering. The Company intends to grant the underwriters a 45-day option to purchase up to an additional 7,500,000 units at the initial public offering price to cover over-allotments, if any.

When available, copies of the prospectus may be obtained from Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717; telephone: 1-800-831-9146 or by contacting Mihir Unadkat, Director; telephone: +44 20-7986-0015; email: mihir.unadkat@citi.com and from Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282; telephone: 1-866-471-2526; email: Prospectus-ny@ny.email.gs.com.

A registration statement relating to the securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, 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.

This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement for the Company’s offering filed with the Securities and Exchange Commission (“SEC”) and the preliminary prospectus included therein. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

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Contacts

Johann Dumas

+1 (345) 814-5831

contact@avanti-acquisition.com