Vision Sensing Acquisition priced its IPO of 8.8 million units at $10 each. Units trde on the Nasdaq under VSACU.
Each consists of one share and three-quarters of a warrant.
After the securities begin separate trading, shares and warrants are expected to list under VSAC and VSACW.
The offering is expected to close Nov. 3.
The SPAC intends to focus on companies with operations in the vision sensing technologies, including hardware chip solutions, related application software, artificial intelligence and other peripheral technologies.
EF Hutton is sole book running manager for the offering. The underwriter may opt to purchase up to an additional 1.32 million units at the IPO price to cover over-allotments, if any. Read more.
