SILVERspac Prices $250M IPO


SILVERspac priced its IPO of 25 million units at $10 each. Units list on the Nasdaq and begin trading today under SLVRU. Each consists of one share and one-third of one redeemable warrant.

Once the securities begin separate trading, shares and warrants are expected to list under SLVR and SLVRWS.

The offering is expected to close Sept. 14.

The SPAC intends to concentrate its efforts in identifying businesses that provide technology and innovation solutions to the real estate and financial services industries and the industries supporting them. Read more.

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