Aequi Closes $200M IPO, Adds $6M PIPE

Aequi Acquisition in a filing said it closed its IPO of 20,000,000 units at $10 each on Nov. 24, generating gross proceeds of $200 million. The company granted underwriters a 45-day option to purchase up to 3 million additional units to cover any over-allotments. In addition, Aequi said that it completed a $6 million private placement sale to Aequi Sponsor simultaneously with the IPO. Read more.

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