India-focused Vahanna Tech Edge Acquisition I priced its upsized IPO of 17.4 million units at $10 each, an increase of 2.4 million units more than expected.
Units list on the Nasdaq and begin trading today under VHNAU.
The offering is expected to close Nov. 26.
Vahanna intends to focus its search on companies with a strong connection to India and catering to large addressable market opportunities in India or other developed geographies such as the Americas and Europe.
Mizuho Securities is sole bookrunner for the offering. Read more.
