Alpha Capital Acquisition priced its IPO of 20 million units at $10 per unit.
Units begin trading today on the Nasdaq under ASPCU. Each consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder to purchase a Class A ordinary share at $11.50. Once the securities comprising the units begin separate trading, shares and redeemable warrants will list under ASPC and ASPCW, respectively.
The SPAC intends to seek a business combination with a Latin American-focused technology company. Read more.