Full Press Release Details
Semper Paratus Acquisition Corporation Announces
the Separate Trading of its
Class A Ordinary Shares and Warrants
New York, NY - December 30, 2021 - Semper Paratus
Acquisition Corporation (Nasdaq: LGSTU) (the "Company") announced today that, commencing January 3, 2022, holders of the
34,500,000 units sold in the Company's initial public offering may elect to separately trade the Company's Class A ordinary
shares and warrants included in the units. The Class A ordinary shares and warrants that are separated will trade on The Nasdaq Global
Market under the symbols "LGST" and "LGSTW," respectively. No fractional warrants will be issued upon separation
of the units and only whole warrants will trade. Those units not separated will continue to trade under The Nasdaq Global Market symbol
"LGSTU." 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 Class A ordinary shares and warrants.
Semper Paratus Acquisition Corporation is a newly
organized 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.
The units were initially offered by the Company in an underwritten
offering. Cantor Fitzgerald & Co. acted as the sole book-running manager for the offering.
A registration statement relating to these securities
was declared effective by the Securities and Exchange Commission ("SEC") on November 3, 2021. 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 an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any
such state or jurisdiction.
The offering was made only by means of a prospectus, copies of which
may be obtained on the U.S. Securities and Exchange Commission website at http://www.sec.gov. Alternatively, copies of the prospectus
may be obtained from Cantor Fitzgerald & Co., 499 Park Avenue, New York, NY 10022, or by e-mail at Prospectus@cantor.com.
CAUTIONARY NOTE CONCERNING FORWARD-LOOKING
This press release contains statements that constitute
"forward-looking statements," including with respect to the search for an initial business combination. 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 initial public offering filed with the SEC.
Copies of the Company's registration statement 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.
Semper Paratus Acquisition Corporation
Philippe J. Kurzweil
Chief Financial Officer and Secretary