Aurora Acquisition closed its IPO of 22 million units at $10 per unit.
Units trade on the Nasdaq under AURCU.
Concurrently with the closing, the SPAC closed two separate private placements with its sponsor, Novator Capital Sponsor, and certain executive officers and directors of the company, generating $41.4 million in additional gross proceeds.
The SPAC intends to focus its search for a target with operations or prospects in the Europe, Middle East and Africa Technology and Media industry, including data analytics, enterprise software, security software, e-commerce and online marketplaces, and/or financial services technology. Read more.
