10X Capital Raises $175M in IPO

10X Capital Venture Acquisition said it raised $175 million in its IPO, consisting of 17.5 million units at $10 each. A unit includes one share of stock and one-half of a warrant, exercisable at $11.50.

The SPAC has said it is focused on tech, fintech, healthcare and consumer internet companies.

Shares trade on the Nasdaq under VCVCU. Read more.

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