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Direct Selling Acq CP UTS (DSAQU) operates as a leader in the global direct selling sector, combining product innovation with customer-focused strategies. This news hub provides stakeholders with essential updates about the company's operational milestones and market positioning.
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Direct Selling Acquisition Corp. (NYSE: DSAQ.U) announced that starting November 12, 2021, the holders of 23 million units from its IPO can separately trade shares of Class A common stock and warrants. Separated shares will trade under the symbols DSAQ and DSAQ.WS, while non-separated units continue to trade as DSAQ.U. The offering was supported by BTIG, LLC as the bookrunner, and a registration statement was effective as of September 23, 2021. The Company aims to target businesses in the direct selling industry.
Direct Selling Acquisition Corp. closed its initial public offering, raising $230 million by selling 23,000,000 units at $10 each, including 3,000,000 units from the underwriters' over-allotment option. The units, consisting of one Class A common stock and one-half redeemable warrant, began trading on the NYSE under ticker DSAQ.U on September 24, 2021. The company aims to merge with a business in the direct selling industry. BTIG, LLC acted as the sole bookrunner, with I-Bankers Securities as co-manager. The SEC approved the registration statement on September 23, 2021.
Direct Selling Acquisition Corp. has priced its IPO at
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