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Iron Spark I Inc. (NASDAQ: ISAA) announced a quarterly cash dividend of $0.05 per share, declared on June 24, 2021. The dividend is payable on July 15, 2021 to stockholders of record on July 8, 2021. Iron Spark is a special purpose acquisition company focused on merging with consumer brands valued between $750 million and $3 billion. The company aims to pursue business combinations in various industries without geographic restrictions.
Iron Spark I Inc. (NASDAQ: ISAA) has successfully closed its initial public offering, issuing 15,000,000 shares of Class A common stock at $10.00 per share. The shares began trading on the Nasdaq Capital Market on June 9, 2021. An additional 2,250,000 shares may be purchased by underwriters within 45 days for over-allotments. Morgan Stanley acted as the sole book-running manager for this offering. Iron Spark I is a blank check company targeting consumer brands with an enterprise value between $750 million and $3 billion for potential mergers or acquisitions.
Iron Spark I Inc. (NASDAQ: ISAA) has priced its initial public offering at $10.00 per share, offering 15,000,000 shares, expected to officially list on Nasdaq on June 9, 2021. The underwriters have a 45-day option to purchase an additional 2,250,000 shares. The IPO is set to close on June 11, 2021, pending customary conditions. Morgan Stanley serves as the book-running manager. Iron Spark I aims to pursue consumer brands with an enterprise value between $750 million and $3 billion through potential mergers or acquisitions.
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