Evo Acquisition last night announced that it priced its upsized IPO of 10.87 million units, at $10 per unit. The units list on the Nasdaq and begin trading today under EVOJU. Evo originally planned to offer 10 million units.
Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to list on the Nasdaq under EVOJ and EVOJW, respectively.
The offer is expected to close Feb. 11.
The new SPAC will concentrate on companies in the technology and financial sectors with an enterprise value of $250 million to $750 million, including firms with a nexus to Japan. Read more.
