EVe Mobility Acquisition priced its upsized IPO of 22 million units at $10 each, an increase of 2 million units more than expected. The units list on the New York Stock Exchange and start trading today under the ticker symbol EVE.U. Each consists of one Class A ordinary share and one-half of a warrant.
The offering is expected to close Dec. 17.
The blank check company intends to focus on the mobility-related ecosystem and its surrounding adjacencies. This landscape encompasses traditional automotive sectors as well as technological subsectors that are driving the advancement of the industry as a whole, the SPAC said in a news release.
Cantor and Moelis are joint book-running managers of the offering. Read more.
