Emerging Markets Horizon closed its initial public offering of 28.75 million units, including 3.75 million units issued to the underwriters through their over-allotment option.
Units trade on the Nasdaq \under the ticker symbol HORIU.
Emerging Markets Horizon is focused on Central & Eastern Europe, Russia or the Commonwealth of Independent States. The company intends to focus on identifying high growth technology and consumer-exposed businesses in those regions.
Citigroup and VTB Capital are joint book-running managers. Ladenburg Thalmann is co-manager for the offering. Read more.