AxonPrime Infrastructure Acquisition closed its IPO of 15 million units at $10 per unit.
Units list on the Nasdaq under APMIU.
The SPAC intends to focus on potential targets that are developing breakthrough scientific and technological innovations in the areas of communication, robotics, building and construction technology, water, 3D printing, and semiconductors.
Morgan Stanley was sole book-runner for the offering. The underwriters have an over-allotment option to purchase up to an additional 2.25 million units at the IPO price. Read more.