Full Press Release Details
Knights Acquisition Corp. Announces the Separate Trading of Its
Class A Common Stock and Warrants
BEACH, FL / ACCESSWIRE / June 22, 2021 / Data Knights Acquisition Corp. ("Data Knights" or 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 that holders of the units sold in the Company's initial
public offering of 11,500,000 units completed on May 11, 2021, may elect to separately trade the shares of Class A common stock and warrants
included in the units commencing on or about June 22, 2021. Holders of units will need to have their broker 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. Those units not separated will continue to trade on the Nasdaq Capital Market ("Nasdaq") under the ticker symbol
"DKDCU," and the Class A common stock and warrants that are separated will trade on Nasdaq under the symbols "DKDCA"
and "DKDCW," respectively.
securities described above were offered by the Company pursuant to a registration statement on Form S-1 (File No. 333-254029) that was
originally filed with the Securities and Exchange Commission ("SEC") on March 9, 2021 and declared effective on May 6, 2021.
The offering was made only by means of a prospectus, copies of which may be obtained from: EF Hutton (formerly Kingswood Capital Markets),
division of Benchmark Investments, LLC, 590 Madison Ave., 39th Floor, New York, NY 10022, Attention: Syndicate Department,
or via email at syndicate@efhuttongroup.com or telephone at (212) 404-7002, or by visiting
EDGAR on the SEC's website at www.sec.gov.
This press release shall not constitute
an offer to sell or the solicitation of an offer to buy any of the securities described herein, 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.
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the Company's initial public offering and search for an initial business
combination. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks
and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any
obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect
any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any
statement is based, except as required by law.
Data Knights Acquisition Corp.
Phone: 00-44-208-090-2009