Industrial Human Capital priced its IPO of 10 million units at $10 each. Units list on the NYSE and begin trading today under AXHU.
Each consists of one share and a warrant. Once the securities begin separate trading, stock and warrants are expected to list under AXH and AXHW.
The offering is expected to close Oc. 22.
Sponsored by ShiftPixy Investments, the company intends to focus its search on target businesses that provide staffing solutions to the light industrial sector in North America.
Alliance Global Partners is sole book-running manager for the IPO and Brookline Capital Markets acted as co-manager. The underwriters have an option to purchase up to 1.5 million units to cover over-allotments, if any. Read more.
