Games & Esports Experience Acquisition priced its IPO of 17.5 million units at $10 each, an increase of 2.5 million more units than expected. A unit consists of one Class A ordinary share and one-half of a warrant.
The SPAC plans to pursue business combinations with interactive media companies operating directly within or adjacent to competitive gaming and esports.
J.P. Morgan and William Blair are joint book-running managers of the offering.
The SPAC trades on the Nasdaq under GEEXU. Read more.
