 New York, NY, July 30, 2020 GLOBE NEWSWIRE -- E.Merge Technology Acquisition Corp. the Company announced today that it priced its initial public offering of 52,200,000 units at 10.00 per unit. The units will be listed on the Nasdaq Capital Market Nasdaq and will begin trading tomorrow, Friday, July 31, 2020, under the ticker symbol ETACU. Each unit consists of one share of the Companys Class A common stock and one-third of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of 11.50 per share. Only whole warrants are exercisable and will trade. Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols ETAC and ETACW, respectively.The Company is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any business or industry, it intends to focus its search on companies in the software and internet technology industries. The Company is led by Chairman, S. Steven Singh, and Co-Chief Executive Officers, Jeff Clarke and Guy Gecht.Cantor Fitzgerald Co. and Mizuho Securities USA LLC are acting as the joint book running managers for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 7,830,000 units at the initial public offering price to cover over-allotments, if any.The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained, when available, from Cantor Fitzgerald Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor New York, New York 10022; Email: or from Mizuho Securities USA LLC, Attention: Equity Capital Markets, 1271 Avenue of the Americas, 3rd Floor, New York, NY 10020.A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission SEC on July 30, 2020. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.FORWARD-LOOKING STATEMENTSThis press release contains statements that constitute forward-looking statements, including with respect to the initial public offering. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Companys registration statement and preliminary prospectus for the offering filed with the SEC. Copies are available on the SECs website, The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.ContactJeff Clarke Guy Gecht E.Merge Technology Acquisition Corp. 619 736-6855 