Integral Acquisition 1 priced its IPO of 10 million units at $10 each. Units start trading today on the Nasdaq under INTEU. Each consists of one share and a warrant.
When the units begin separate trading, stock and warrants will list under the INTE and INTEW.
The company intends to target a business combination with a technology-oriented company in Australia or New Zealand.
Wells Fargo Securities is sole book-runner and manager for the offering. The underwriter has an option to purchase up to an additional 1.5 million units to cover any over-allotments. Read more.