Edify Acquisition announced that it closed its upsized IPO of 27.6 million units at $10 per unit, including 3.6 million units issued pursuant to the underwriters’ exercise of their over-allotment option. Total gross proceeds from the offering were $276 million. The SPAc in December initially filed plans for a $200 million raise.
Edify will target businesses in education, edtech, workforce development, and HCM sectors in the United States. Read more.
