Anzu Special Acquisition I closed its IPO of 42 million units priced at $10 each.
Units trade on the Nasdaq under ANZUU. Each consists of one share of Class A common stock and one-third of one redeemable warrant, with whole warrants exercisable at $11.50 for a share.
Once the securities comprising the units begin separate trading, shares and warrants are expected to list on the Nasdaq under ANZU and ANZUW, respectively.
The SPAC intends to focus “on high-quality businesses with transformative technologies for industrial applications.” Read more.
