ShoulderUp Technology Acquisition closed its upsized IPO of 30 million units at $10 each, including 3.5 ,illion units issued to the underwriters exercising their over-allotment option. Units list on the NYSE under SUAC.U.
The blank check company intends to focus on businesses in the technology and cybersecurity industries.
Citigroup was sole bookrunner and representative of the underwriters, and Siebert Williams Shank and Roberts & Ryan were co-managers of the offering. Read more.
