Summary not available.
NightDragon Acquisition Corp. (Nasdaq: NDACU) has appointed Barbara Massa to its Board of Directors, enhancing board diversity. Massa brings over 25 years of experience in organizational effectiveness, particularly in the cybersecurity sector. She has held key roles at Mandiant, FireEye, and McAfee, demonstrating expertise in growing organizations. The board now consists of four members, with three being independent. Chairman Dave DeWalt emphasized Massa's potential to contribute significantly to the company’s mission of driving innovation in cybersecurity, safety, and privacy.
NightDragon Acquisition Corp. (NASDAQ: NDAC; NDACW; NDACU) announced on May 28, 2021, that it is not in compliance with Nasdaq Listing Rule 5250(c)(1) due to a delay in filing its quarterly report on Form 10-Q for Q1 2021. The company has 60 days to submit a compliance plan, potentially allowing an extension of up to 180 days if accepted. Additionally, the SEC's statement regarding SPAC warrants may impact the company's financial statements. The notice does not affect current trading of its securities on Nasdaq.
Summary not available.
NightDragon Acquisition Corp. has announced the pricing of its initial public offering (IPO) of 30,000,000 SCALE units at $10.00 each. The SCALE units will be listed on the Nasdaq under the symbol NDACU, starting March 2, 2021. Each unit includes one share of Class A common stock and one-fifth of a redeemable warrant, which can be exercised at $11.50 per share. The IPO is led by Morgan Stanley, with an option for underwriters to purchase an additional 4,500,000 units. The offering is expected to close on March 4, 2021, pending customary conditions.