EdtechX Hacks IPO to $100M

IBIS Capital’s EdtechX Holdings Acquisition II in a filing lowered its planned IPO to $100 million, down from the $150 million registered in October. Private placement warrants and full exercise of the underwriters’ over-allotment option would bump the raise to $116.7 million.

The SPAC plans to target an education technology business.

Edtech X intends to list on the Nasdaq under EDTXU. Read more.

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