IX Acquisition priced its IPO of 20 million units at $10 each. Units begin trading today on the Nasdaq under IXAQU. Each consists of one Class A ordinary share and one-half of a warrant.
After the securities begin separate trading, shares and warrants are expected to list under IXAQ and IXAQW.
The offering is expected to close Oct. 12.
IX Acquisition intends to focus its search on companies in the Technology, Media and Telecommunications and Information and Communication Technology industries, specifically the telecommunications infrastructure, internet and technology and digital services sectors operating in Europe and emerging markets.
Cantor is sole bookrunner, and Odeon Capital Group, is the lead manager for the offering. The underwriters have an option to purchase up to an additional 3 million units to cover over-allotments, if any. Read more.
