Freedom Acquisition Holdings, Inc.: Freedom Acquisition Holdings, Inc. Prices 48.0 Million Units in Initial Public Offering

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NEW YORK, NY (MARKET WIRE) Freedom Acquisition Holdings, Inc. (the "Company") announced today the pricing of its initial public offering of 48.0 million units at $10.00 per unit. Each unit consists of one share of common stock and one warrant to purchase an additional share of common stock. The Company expects to raise gross proceeds of approximately $480.0 million in this offering (excluding the proceeds from the exercise of the

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