Pacifico Acquisition said an additional 750,000 units were issued pursuant to the underwriters’ exercise of its over-allotment option in connection with the SPAC’s IPO, netting $7.5 million and bringing the total gross proceeds of the IPO to $57.5 million.
The company’s units trade on the Nasdaq under PAFOU.
Pacifico is focused on the new energy, biotech, and education industries in Asia, excluding China. Read more.
