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NEW YORK, Jan. 20, 2021 /PRNewswire/ -- Edify Acquisition Corp. (the "Company"), a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses and led by Chairwoman Susan Wolford and Chief Executive Officer Peter Ma, today announced that it closed its upsized initial public offering of 27,600,000 units at $10.00 per unit, which includes 3,600,000 units issued pursuant to the underwriters' exercise of their over-allotment option. Total gross proceeds from the offering were $276,000,000, before deducting underwriting discounts and commissions and other offering expenses. Each unit consists of one share of Class A common stock of the Company and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock of the Company at a price of $11.50 per share. The units are listed on the Nasdaq Capital Market ("Nasdaq") and commenced trading under the ticker symbol "EACPU" on January 15, 2021. Once the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on Nasdaq under the symbols "EAC" and "EACPW," respectively.