Zanite Completes $230M IPO

Simultaneously with the closing of the IPO, Zanite said in a filing that it completed the private sale of an aggregate of 9,650,000 warrants to a sponsor at a purchase price of $1 per warrant, generating gross proceeds of $9.65 million.

The SPAC is focused on companies in the aviation, aerospace and defense, urban mobility and emerging technologies industries. Read more.

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