ION Acquisition 3 priced its IPO of 22 million Class A ordinary shares at $10 each, down from the 25 million shares the SPAC initially registered to offer earlier this month.
Shares beging trading today on the NYSE under IACC. The offering is expected to close May 4.
ION 3 said it “intends to focus on the rapidly growing universe of Israeli companies and entrepreneurs that apply technology and innovation to our everyday lives.” The SPAC is sponsored by an affiliate of ION Asset Management Ltd. Read more.