Oxbridge Acquisition Banks Additional $15M in Over-Allotment

Oxbridge Acquisition in an 8-K filing said it raised an additional $15 million through the full exercise of the underwriter’s over-allotment option, bringing the SPAC’s IPO to $115 million.

Maxim Group was sole book-running manager for the offering.

The new SPAC will concentrate on disruptive Insurtech companies. Read more.

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