Worldwide Webb Acquisition priced its IPO of 20 million units at $10 each. Units list on the Nasdaq and begin trading today under WWAC.U. Each consists of one Class A ordinary share and one-half of a warrant.
Once the securities begin trading separately, shares and warrants will list under WWAC and WWAC.WS.
The SPAC’s objective is to identify and accelerate a market-leading, differentiated internet company within target sectors including direct-to-consumer brands, Amazon centric, online marketplaces, food tech, new media, digital health, software-as-a-service, fin tech, and any adjacent industries undergoing technology-driven transformations.
BofA Securities and J.P. Morgan are the book-running managers. The underwriters’ pver-allotment option covers the purchase of up to an additional 3 million units. Read more.
