Goldenstone Acquisition Limited closed its initial public offering of 5.75 million units, which includes the full exercise of the underwriters’ over-allotment option.
The units trade on the Nasdaq under the ticker symbol GDSTU. After the securities begin separate trading, common stock, warrants and rights are expected to list under the ticker symbols GDST, GDSTW and GDSTR, respectively.
Maxim Group was sole book-running manager of the offering.
The SPAC did not cite any specific sectors it might target when it registered the offering with the SEC last June, but will focus on companies with an enterprise value between $150 million and $500 million. Read more.
