Natural Order Acquisition Corp. Announces Pricing of $200M IPO - Citybizlist

Natural Order Acquisition Corp. announced today that it priced its initial public offering of 20,000,000 units at $10.00 per unit. The units are expected to be listed on The Nasdaq Capital Market and trade under the ticker symbol "NOACU" beginning November 11, 2020. Each unit consists of one share of common stock and one redeemable warrant. Each warrant entitles the holder thereof to purchase one half-share of common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the shares of common stock and redeemable warrants are expected to be listed on Nasdaq under the symbols "NOAC" and "NOACW," respectively. The offering is expected to close on November 13, 2020, subject to customary closing conditions. Chardan and Barclays acted as joint book running managers in the offering. The underwriters have been granted a 45-day option to purchase up to an additional 3,000,000 units offered by the Company to cover over-allotments, if any, at the initial public offering price.

About Natural Order Acquisition Corp.

The Company is led by founders Paresh Patel (CEO) and Sebastiano Cossia Castiglioni (Chairman). The Company is a blank check company formed for the purpose of effecting a business combination with one or more businesses. It is the Company's intention to pursue prospective targets that are focused on technologies and products related to plant-based food and beverages, alternative protein, and other alternatives to animal products. The proceeds of the offering will be used to fund such business combination.

Let's block ads! (Why?)

"corp" - Google News
November 12, 2020 at 10:40AM
https://ift.tt/35l8OJN

Natural Order Acquisition Corp. Announces Pricing of $200M IPO - Citybizlist
"corp" - Google News
https://ift.tt/2RhVoHj
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update

Bagikan Berita Ini