Wednesday, September 29, 2021

Equity Corporate Actions Alert #2021 - 210
Information Regarding the Business Combination of Union Acquisition Corp. II (LATN/W/U) and Procaps Group, S.A.

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  • Industry Announcement

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The business combination of Union Acquisition Corp. II (LATN/W/U) and Procaps Group, S.A. became effective today, September 29, 2021. As a result of the business combination, the ordinary shares, warrant, and unit of Union Acquisition Corp. II (LATN/W/U) will be suspended from trading. The suspension details are as follows:

Company Name/Issue: Union Acquisition Corp. II Ordinary Shares
CUSIP#: G9402Q100
Symbol: LATN
Last Trading Date: September 29, 2021
Marketplace Effective Date for Suspension: September 30, 2021
Merger Consideration: One (1) Procaps Group, S.A. Ordinary Share (PROC) for each share held.
Company Name/Issue: Union Acquisition Corp. II Warrants
CUSIP#: G9402Q126
Symbol: LATNW
Last Trading Date: September 29, 2021
Marketplace Effective Date for Suspension: September 30, 2021
Merger Consideration: One (1) Procaps Group, S.A. Warrant expiring 9/29/2026 (PROCW) for each warrant held.
Company Name/Issue: Union Acquisition Corp. II Unit
CUSIP#: G9402Q118
Symbol: LATNU
Last Trading Date: September 29, 2021
Marketplace Effective Date for Suspension: September 30, 2021
Merger Consideration: Unit will separate into its components.

As a result of the merger the combined company will be listed on the Nasdaq Global Market. The details are as follows:

Company: Procaps Group, S.A. Ordinary Shares
CUSIP#: L7756P102
Symbol: PROC
Marketplace Effective Date: September 30, 2021

Company: Procaps Group, S.A. Warrant expiring 9/29/2026
CUSIP#: L7756P110
Symbol: PROCW
Marketplace Effective Date: September 30, 2021

If you would like to register as a market maker in PROC or PROCW, contact Nasdaq Trading Services at +1 212 231 5100.



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