Kismet Acquisition Two priced its IPO of 20 million units at $10 each.
Units begin trading today on the Nasdaq under KAIIU. Each consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50. Once the securities comprising the units begin separate trading, shares and redeemable warrants are expected to list under KAII and KAIIW, respectively.
Kismet Two will target companies in the Internet and technology sectors operating in Russia and Europe. Read more.
