Western Acquisition Ventures priced its initial public offering of 10 million units at $10 each. A unit consists of one share of common stock share and a warrant.
Units are expected to begin trading today on the Nasdaq under the ticker symbol WAVSU.
The offering is expected to close Jan. 14. Once the securities begin separate trading, stock and warrants are expected to be traded under the symbols WAVS and WAVSW.
The SPAC intends to focus on companies in the financial services, healthcare, real estate services, technology, leisure, hospitality, and software industries.
A.G.P./Alliance Global Partners is sole book-running manager. Brookline Capital Markets, a division of Arcadia Securities, is co-manager. Read more.
