NorthStrive Acquisition Prices IPO of 10 Million Units at $10 Each
MT Newswires Live
Aug 18
NorthStrive Acquisition Corp I. on Monday said it priced its initial public offering of 10 million units at $10.00 per unit, with each unit comprising one Class A ordinary share, one redeemable warrant, and one right to receive one-fourth of one Class A ordinary share upon completion of an initial business combination.
Units are expected to begin trading on Nasdaq under "NSAIU" on Tuesday, with the Class A shares, warrants, and rights set to trade separately under "NSAI," "NSAIW," and "NSAIR," respectively, the company said.
The offering is expected to close on Wednesday, the company said.
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