Innovative International Acquisition Files for $200M IPO

IPO

Innovative International Acquisition registered to offer 20 million units at $10 per unit.

Each unit consists of one Class A ordinary share and one-half of a warrant.

IIAC in the filing said it will focus on companies in consumer technology, healthcare, information technology services and enterprise SaaS.

The SPAC is led by Chairman and CEO Mohan Ananda, the founding chairman, CEO, and president of Stamps.com.

Cantor is lone book-running manager. The underwriters have an over-allotment option to purchase up to an additional 3 million units.

The SPAC has applied for a listing on the Nasdaq under IOACU. Read more.

Total
0
Shares
Related Posts