Welcome to our dedicated page for Integral Acquisition news (Ticker: INTE), a resource for investors and traders seeking the latest updates and insights on Integral Acquisition stock.
Integral Acquisition Corporation 1 (NASDAQ: INTE) is a special purpose acquisition company targeting high-growth businesses in Australia and New Zealand. This news hub provides investors with essential updates on merger developments, financial milestones, and strategic initiatives critical to understanding this SPAC's progress.
Access real-time updates on potential business combinations, leadership announcements, and regulatory filings. Our curated news collection serves as a centralized resource for tracking INTE's progress in identifying merger targets across technology, healthcare, and consumer sectors.
Find official SEC filings, investor communications, and market analysis related to INTE's $116.7 million IPO capital deployment and $30 million forward purchase agreements. Stay informed about management team decisions and partnership developments shaping this SPAC's trajectory.
Bookmark this page for continuous access to verified updates about Integral Acquisition Corporation 1's merger search process and shareholder value creation strategies. Check regularly for new disclosures impacting this Australia/New Zealand-focused blank check company.
Integral Acquisition Corporation 1 (NASDAQ: INTE) has announced its intention to extend the deadline for its initial business combination from May 5, 2023, to November 3, 2023. This 6-month extension involves additional financial commitments from Integral Sponsor LLC, which will deposit funds into the Trust Account for each month of extension, capped at a total of $630,000. The funds will be held in U.S. treasuries or money market funds, with expected yields of 3.5% per annum. Furthermore, to avoid being classified as an unregistered investment company, the Company may liquidate investments and hold funds in interest-bearing accounts. Subsequently, stockholders are urged to participate in a vote on the extension during a special meeting scheduled for May 3, 2023.
Integral Acquisition Corporation 1 (NASDAQ: INTEU) announced that starting December 16, 2021, investors can trade the Company’s Class A common stock and warrants separately, with stocks trading under symbols ‘INTE’ and ‘INTEW’. Each unit consists of one share of common stock and half a redeemable warrant, with whole warrants allowing the purchase of one share at $11.50. The Company focuses on merging with technology companies in Australia and New Zealand but has no specific targets selected yet.
Integral Acquisition Corporation 1 (Nasdaq: INTEU) has successfully closed its initial public offering, raising $115 million. The IPO, completed on November 5, 2021, involved the sale of 11,500,000 units, priced at $10.00 each. Each unit contains one share of Class A common stock and half a redeemable warrant, with whole warrants exercisable at $11.50 per share. The proceeds from the IPO will primarily support future business combinations targeting technology companies in Australia and/or New Zealand.
Integral Acquisition Corporation 1 has priced its initial public offering at $10.00 per unit, offering 10,000,000 units on Nasdaq under the ticker symbol INTEU. Each unit comprises one Class A common stock share and one half redeemable warrant, exercisable at $11.50 per share. The offering aims to target technology-oriented companies in Australia and New Zealand. Wells Fargo Securities is the sole book-runner, with an option to purchase an additional 1,500,000 units. The registration statement was approved by the SEC on November 2, 2021.
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