Artemis Strategic Investment priced its IPO of 17.5 million units at $10 each.
Units begin trading today on the Nasdaq under ARTEU. Each consists of one share and one-half of a warrant. Once the securities begin separate trading, stock and warrants are expected to list under ARTE and ARTEW.
The offering is expected to close Oct. 4.
Artemis seeks a business combination target that provides transformational technology to experiential entertainment within the gaming, hospitality and entertainment industries.
Barclays and BMO Capital Markets are joint book-running managers of the offering. The underwriters have an option to purchase up to an additional 2.625 million units to cover any over-allotments. Read more.
