DD3 Acquisition Corp. Announces Pricing of Initial Public Offering

NEW YORK–(BUSINESS WIRE)–DD3 Acquisition Corp. (Nasdaq:DDMXU) (the “Company”)
announced today that its Registration Statement on Form S-1 was declared
effective by the Securities and Exchange Commission. The closing of the
Company’s initial public offering of 5,000,000 units is expected to
occur on or about October 16, 2018. Each unit consists of one ordinary
share, no par value (“Ordinary Shares”),
and one warrant (“Warrant”), with each
Warrant entitling the holder to purchase one Ordinary Share at a price
of $11.50. Each unit will be sold at an offering price of $10.00 per
unit for aggregate gross proceeds of $50,000,000. Once the securities
comprising the units begin separate trading, the Ordinary Shares and
Warrants are expected to be traded on Nasdaq under the symbols “DDMX”
and “DDMXW,” respectively.

EarlyBirdCapital, Inc. acted as sole book-running manager of the
offering, and I-Bankers Securities, Inc. acted as co-manager. The
offering was made only by means of a prospectus, copies of which may be
obtained from EarlyBirdCapital, Inc., 366 Madison Avenue, 8th Floor, New
York, NY 10017, Attn: Investor Relations, 212-661-0200. Copies are also
available on the Securities and Exchange Commission’s website, www.sec.gov.

DD3 Acquisition Corp. is a newly formed blank check company organized
for the purpose of entering into a merger, share exchange, asset
acquisition, stock purchase, recapitalization, reorganization, or other
similar business combination with one or more businesses or entities.
The Company’s efforts to identify a prospective target business will not
be limited to a particular industry or geographic region, although the
Company initially intends to focus on target businesses located in
Mexico and Hispanic businesses in the United States.

This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.

Forward Looking Statements

This press release includes forward-looking statements that involve
risks and uncertainties. Forward looking statements are statements that
are not historical facts. Such forward-looking statements, including
with respect to the initial public offering and the anticipated use of
the proceeds thereof, are subject to risks and uncertainties, which
could cause actual results to differ from the forward looking
statements, including those set forth in the risk factors section of the
prospectus used in connection with the Company’s initial public
offering. No assurance can be given that the offering discussed above
will be completed on the terms described, or at all, or that the net
proceeds of the offering will be used as indicated. The Company
expressly disclaims any obligations or undertaking to release publicly
any updates or revisions to any forward-looking statements contained
herein to reflect any change in the Company’s expectations with respect
thereto or any change in events, conditions or circumstances on which
any statement is based, except as required by law.

Contacts

DD3 Acquisition Corp.
Daniel Salim, +52 (55) 8647 0467
Chief
Financial Officer

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