Cascadia Acquisition closed its IPO of 15 million units at $10 each.
Units trade on the Nasdaq under CCAIU. Each consists of one share and one-half of one warrant, each whole warrant exercisable for a share at $11.50.
Once the securities begin separate trading, shares and warrants are expected to list under CCAI and CCAIW.
Cantor Fitzgerald was sole book-running manager of the offering.
The tech-focused SPAC will concentrate on companies engaged in robotics, automation and artificial intelligence (RAAI). Read more.
