Trajectory Alpha Acquisition priced its initial public offering of 15 million units at $10 per unit. The units list on the New York Stock Exchange and trade as of today under the ticker symbol TCOA.U. Each consists of one share and one-half of a redeemable warrant.
Trajectory Alpha Acquisition’s objective is to merge with a disruptive, technology-driven business that leverages unique intellectual property and proprietary data to develop a sustainable competitive advantage and, in turn, dislodge slower moving incumbents in the target’s selected end markets.
Guggenheim Securities is sole book-running manager for the offering. Read more.
