Belong Acquisition priced its IPO of 15 million units at $10 each.
Units begin listing today on the Nasdaq under BLNGU. Each consists of one share of stock and one-half of one warrant, with whole warrants exercisable for one share at $11.50. Once the securities comprising the units begin separate trading, stock and warrants are expected to list under BLNG and BLNGW.
The offering is expected to close July 27.
The tech-focused SPAC said it will target high-growth technology and tech-enabled businesses in sectors such as e-commerce, software, and digital media.
Belong is led by Chairwoman and CEO Jennifer Deason, former CFO and CBO for the dtx company and Flowcode. Read more.
