Jack Creek Investment priced its upsized IPO of 30 million units at a price of $10 per unit. The SPaC offered 5 million more units than initially planned when it filed with the SEC last September.
Units begin trading today on the Nasdaq under JCICU. After the securities comprising the units begin separate trading, shares and warrants are expected to list under JCIC and JCICW, respectively.
The SPAC plans to pursue a business combination within the broader food and consumer products value chain, “where significant technology innovation is occurring from accelerating eCommerce demand trends and disruption in supply chain logistics.” Read more.
