Industrial Tech Acquisitions, Inc. (NASDAQ: ITACU) announced the closing of its initial public offering (IPO) of 7,500,000 units at $10.00 per unit. The IPO units began trading on the NASDAQ on September 9, 2020, and each unit comprises one share of Class A common stock and a warrant for one share at an exercise price of $11.50. The offering was managed by Maxim Group LLC, with a registration statement effective as of September 8, 2020. Industrial Tech Acquisitions aims to engage in mergers and acquisitions focused on North American industrial technology sectors.
Industrial Tech Acquisitions, Inc. (NASDAQ: ITACU) has announced the pricing of its initial public offering (IPO) of 7,500,000 units at $10.00 each. The units will be listed on NASDAQ under the symbol ITACU starting September 9, 2020, each comprising one share of Class A common stock and one warrant. The company has granted underwriters a 45-day option for 1,125,000 additional units. The SEC declared the registration statement effective on September 8, 2020, with the IPO aimed at raising capital for potential mergers and acquisitions in industrial technology sectors.