Global Synergy Acquisition priced its IPO of 22.5 million units at $10 each to raise $225 million.
Units begin trading today on the Nasdaq under GSAQU.
The SPAC said it will focus on a business that can benefit from the mamangement team’s operational and investing expertise in the IT Services and Business Process Outsourcing sectors.
GSAC is co-led by President and Co-CEO Alok Oberoi and Co-CEO Suresh Vaswani.
The offering is expected to close Jan. 12. Read more.
