Pontem Corporation, a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses and led by Chairman and Chief Executive Officer Hubertus Mühlhäuser and Lead Director Burak Alici, today announced the pricing of its initial public offering of 60,000,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange and trade under the ticker symbol "PNTM.U" beginning January 13, 2021. Each unit consists of one Class A ordinary share of the Company and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the New York Stock Exchange under the symbols "PNTM" and "PNTM WS," respectively. The offering is expected to close on January 15, 2021, subject to customary closing conditions.

Credit Suisse Securities (USA) LLC and Guggenheim Securities, LLC are serving as joint book-running managers for this offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 9,000,000 units at the initial public offering price to cover over-allotments, if any.