Bridgetown 2 Holdings priced its IPO of 26 million shares at a price of $10 each. The offer represents a 30 percent increase from the SPAC’s initially planned raise of $200 million filed in December.
Class A shares begin trading today on the Nasdaq under BTNB. The offering is expected to close Jan. 28.
The SPAC in its initial S-1 filing said it would focus on a target with operations or prospective operations in the technology, financial services, or media sectors. Read more.
