NEW YORK--(BUSINESS WIRE)--Executive Network Partnering Corporation, a company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar partnering transaction with one or more businesses, today announced the pricing of its initial public offering of 14,400,000 CAPS™ at a price of $25.00 per CAPS™. The CAPS™ will be listed on the New York Stock Exchange and trade under the ticker symbol “ENPC.U” beginning September 16, 2020. Each CAPS™ consists of one share of Class A common stock of the Company and one-quarter of one warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock of the Company at a price of $28.75 per share. Once the securities comprising the CAPS™ begin separate trading, the shares of Class A common stock and warrants are expected to be listed on the New York Stock Exchange under the symbols “ENPC” and “ENPC WS,” respectively.

The offering is expected to close on September 18, 2020, subject to customary closing conditions.

Evercore Group L.L.C. is acting as the sole book-running manager for the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 2,160,000 CAPS™ at the initial public offering price to cover over-allotments, if any.