byNordic Acquisition priced its initial public offering of 15 million units at $10 each. Units will be listed on the Nasdaq and begin trading today under the ticker symbol BYNOU. Each consists of one share and one-half of a warrant. Once the securities begin separate trading, shares and warrants are expected to be listed under the symbols BYNO and BYNOW.
The offering is expected to close Friday.
The new SPAC intends to focus on identifying high technology growth companies in the northern part of Europe.
Keefe, Bruyette & Woods, Drexel Hamilton and I-Bankers Securities are the book running managers for the offering. Read more.
