Semper Paratus Acquisition closed its IPO of 34.5 million units, which includes 4.5 million units issued to the underwriters through their over-allotment option.
Units trade on the Nasdaq under LGSTU. Each consists of one Class A ordinary share and one-half of a warrant. After the securities begin trading separately, shares and warrants are expected to list under LGST and LGSTW.
Cantor was sole book-running manager of the offering.
The SPAC will pursue opportunities in the transportation, supply chain and logistics industry in any stage of the target’s corporate evolution. Read more.
