 ST. LOUIS, May 28, 2021 GLOBE NEWSWIRE -- Post Holdings, Inc. NYSE:POST Post and Post Holdings Partnering Corporation NYSE:PSPC PHPC, a special purpose acquisition company formed for the purpose of effecting a partnering transaction between one or more businesses, today announced the closing of PHPCs previously announced initial public offering the IPO of 30,000,000 units at a price to the public of 10.00 per unit. In addition, PHPC has granted the underwriters a 45-day option to purchase up to an additional 4,500,000 units at the IPO price, less underwriting discounts and commissions. PHPC Sponsor, LLC, Posts affiliated entity and sponsor of PHPC, has purchased 4,000,000 of the 30,000,000 units in the IPO at the IPO price. Each unit consists of one share of PHPCs Series A common stock and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of PHPCs Series A common stock at a price of 11.50 per share. PHPCs units began trading on May 26, 2021 on the New York Stock Exchange the NYSE under the ticker symbol PSPC.U. Once the securities comprising the units begin separate trading, the shares of Series A common stock and warrants are expected to be listed on the NYSE under the symbols PSPC and PSPC WS, respectively. 