Welcome to our dedicated page for IGNY.U news (Ticker: IGNY.U), a resource for investors and traders seeking the latest updates and insights on IGNY.U stock.
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Ignyte Acquisition Corp. (NASDAQ:IGNYU) has priced its initial public offering of 50 million units at $10.00 each, set to trade on Nasdaq starting January 28, 2021. Each unit includes one share of common stock and one-half warrant at $11.50 per share. EarlyBirdCapital, Inc. is the sole book runner, with an option for underwriters to purchase an additional 750,000 units. The company aims to merge with targets in life sciences, biotechnology, and healthcare sectors. A registration statement was declared effective on January 27, 2021.