Marquee Raine Completes $374M IPO

Marquee Raine Acquisition announced the closing of its IPO of 37,375,000 units, which includes 4,875,000 units issued upon the exercise of the underwriters’ overallotment option exercised in full, at a price of $10 per unit.

Units trade on the Nasdaq under “MRAC U”. Once the securities begin separate trading, shares and warrants are expected to be listed under “MRAC” and “MRAC WS,” respectively.

The SPAC is focused on interactive technology companies. Read more.

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