10X Capital Venture Acquisition announced that it closed its IPO of 17,500,000 units priced at $10 each.
Units trade on the Nasdaq under “VCVCU”. When the securities begin separate trading, shares and warrants are expected to list on Nasdaq under “VCVC” and “VCVCW,” respectively.
10X said it intends “to focus on identifying high growth technology and tech-enabled businesses domestically and abroad in the consumer internet, ecommerce, software, healthcare and financial services industries, as well as other industries that are being disrupted by advances in technology and on technology paradigms including artificial intelligence, automation, data science, ecommerce and Software-as-a-Service.” Read more.