KnightSwan Acquisition priced its initial public offering of 20 million units at $10 each. Units begin listing today on the New York Stock Exchange and trade under ticker symbol KNSW.U. Each consists of one share and one-half of a warrant. After the securities begin separate trading, stock and warrants are expected to list under the symbols KNSW and KNSW WS.
The SPAC in a news release said it will focus on businesses at the leading edge of technological innovation in three key sectors: cloud, cybersecurity, and mission intelligence.
RBC Capital Markets is sole book-running manager of the offering. Read more.
