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Pyrophyte Acquisition Corp. announced the pricing of its initial public offering of 17,500,000 units at $10.00 each, set to trade on the NYSE under ticker symbol PHYT.U starting October 27, 2021.
The offering includes one Class A ordinary share and one-half of a redeemable warrant, with each whole warrant exercisable for a Class A share at $11.50. UBS Investment Bank is the sole book-runner and has a 45-day option to purchase up to 2,625,000 additional units. This press release includes forward-looking statements and highlights that the offering is subject to various conditions.
