Aequi Acquisition said its underwriters intend to fully exercise their over-allotment option today for the purchase of $30 million in stock. In addition, Aequi said it expects to close the sale of an additional 400,000 private placement warrants at $1.50 each, generating $600,000. Shares in the data-centric SPAC trade on the Nasdaq under “ARBGU”. Read more.
Aequi Underwriters to Exercise Option on $30M Stock Buy
