DUET Acquisition priced its initial public offering of 7.5 million units at $10 each. Units list on the Nasdaq and begin trading today under the ticker symbol DUETU. Each consists of one share and a warrant.
After the securities begin separate trading, stock and warrants are expected to be listed under the symbols DUET and DUETW.
DUET intends to focus its search on disruptive change-maker technology enterprises that are capitalizing on the digital shift. These “enabling technology companies” encompass a wide spectrum of capabilities from holistic e-commerce, fintech and big data analytics to robotic process automation.
EF Hutton is sole book running manager for the offering. Read more.