Consilium Acquisition I priced its initial public offering of 16.5 million units at $10 each, an increase of 1.5 million more units than expected
The units listed on the Nasdaq and begin trading today under the ticker symbol CSLMU. Each consists of one Class A ordinary share, one right and one-half of a warrant. Once the securities begin separate trading, shares, rights and warrants are expected to be listed under the symbols CSLM, CSLMR and CSLMW, respectively.
The SPAC intends to search for a target business operating in “new economy sectors”, broadly defined as technology, financial services, or media, and that are located in frontier growth markets.
BTIG is sole book-running manager for the offering. I-Bankers Securities is co-manager. Read more.
