Item 8.01 Other Events
Separate Trading of Class A Ordinary Share and Warrants
On January 6, 2022, ALSP Orchid Acquisition Corporation I (the "Company")
announced that the holders of the Company's units (the "Units") may elect to
separately trade the Class A ordinary shares and warrants included in the Units
commencing on January 10, 2022. Each Unit consists of one Class A ordinary
share, and one half of one warrant to purchase one Class A ordinary share. Any
Units not separated will continue to trade on The Nasdaq Stock Market LLC (the
"Nasdaq") under the symbol "ALORU". Any underlying Class A ordinary shares and
warrants that are separated are expected to trade on the Nasdaq under the
symbols "ALOR" and "ALORW", respectively. No fractional warrants will be issued
upon separation of the Units and only whole Warrants will trade. 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 holders' Units
into Class A ordinary shares and warrants.
A copy of the Press Release issued by the Company announcing the separate
trading of the securities underlying the Units is attached hereto as Exhibit
99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit
Number Description
99.1 Press Release of ALSP Orchid Acquisition Corporation I, dated
January 6, 2022.
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