Wednesday, September 28, 2022

Equity Corporate Actions Alert #2022 - 264
Information Regarding the Business Combination of Silver Crest Acquisition Corporation (SLCR/U/W) & TH International Limited

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  • Industry Announcement

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The business combination of Silver Crest Acquisition Corporation (SLCR/U/W) & TH International Limited became effective today, September 28, 2022. As a result of the business combination, the Class A Ordinary Shares, Warrant, and Unit of Silver Crest Acquisition Corporation (SLCR/U/W) will be suspended from trading. The suspension details are as follows:

Company Name/Issue: Silver Crest Acquisition Corporation Class A Ordinary Shares
CUSIP#: G81355102
Symbol: SLCR
Last Trading Date: September 28, 2022
Marketplace Effective Date for Suspension: September 29, 2022
Merger Consideration: One (1) TH International Limited Ordinary Share (THCH) for each share held.
Company Name/Issue: Silver Crest Acquisition Corporation Warrant
CUSIP#: G81355128
Symbol: SLCRW
Last Trading Date: September 28, 2022
Marketplace Effective Date for Suspension: September 29, 2022
Merger Consideration: One (1) TH International Limited Warrant expiring 9/28/2027 (THCHW) for each warrant held.
Company Name/Issue: Silver Crest Acquisition Corporation Unit
CUSIP#: G81355110
Symbol: SLCRU
Last Trading Date: September 28, 2022
Marketplace Effective Date for Suspension: September 29, 2022
Merger Consideration: Unit will separate into its components.

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

Company Name/Issue: TH International Limited Ordinary Shares
CUSIP#: G8656L106
Symbol: THCH
Marketplace Effective Date: September 29, 2022

Company Name/Issue: TH International Limited Warrant expiring 9/28/2027
CUSIP#: G8656L114
Symbol: THCHW
Marketplace Effective Date: September 29, 2022

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



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