Novus Capital II priced its IPO of 25 million units at $10 per unit. Units begin trading today on the NYSE under NXU.U.
The SPAC said it would target “smart technologies, 5G communication, virtual reality, artificial intelligence, spatial computing, cloud analytics, machine learning, hardware and software distribution, value added customized logistics services, sustainable smart city systems and sustainable agricultural technology, or AgTech.”
Novus is led by Robert Laikin and Larry Paulson, whose previous SPAC closed a $532 million business combination with AppHarvest earlier this week. Read more.
