STOCK TITAN

Trine II Acquisition Corp. Stock Price, News & Analysis

TRAQU NYSE

Welcome to our dedicated page for Trine II Acquisition news (Ticker: TRAQU), a resource for investors and traders seeking the latest updates and insights on Trine II Acquisition stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Trine II Acquisition's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Trine II Acquisition's position in the market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Trine II Acquisition Corp. announced the closing of its initial public offering of 41,400,000 units, including 5,400,000 units from the underwriter's over-allotment option, raising gross proceeds of $414 million. Each unit consists of one Class A ordinary share and one-half of a redeemable warrant, priced at $10.00 per unit. The shares began trading on the New York Stock Exchange under the ticker symbol "TRAQ.U" on November 3, 2021. The company aims to identify a business combination following this SPAC transaction.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Trine II Acquisition Corp. has announced its initial public offering (IPO) pricing of 36 million units at $10.00 each, set to trade on the New York Stock Exchange under the ticker symbol TRAQ.U starting November 3, 2021. Each unit includes one Class A share and one-half of a warrant, with whole warrants priced at $11.50 per share. The IPO is expected to close on November 5, 2021, subject to standard conditions. Morgan Stanley is the book-running manager and has a 45-day option to purchase an additional 5.4 million units.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Trine II Acquisition Corp.

NYSE:TRAQU

TRAQU Rankings

TRAQU Stock Data