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EGGFU (EGGFU) drives innovation in automotive technology through AI-powered software solutions used by leading global manufacturers. This dedicated news hub provides investors and industry professionals with essential updates on corporate developments and technological advancements.
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EG Acquisition Corp. announced that starting July 16, 2021, holders of its 22.5 million IPO units can trade the Class A common stock and warrants separately on the NYSE under the symbols EGGF and EGGFW, respectively. Those who do not separate their units can continue trading under EGGFU. The Company, a blank check entity, aims to find business combinations across various sectors, leveraging the expertise of its sponsors, EnTrust Global and GMF Capital. The offering was managed by BTIG, LLC and I-Bankers Securities, Inc., with SEC registration effective from May 25, 2021.
EG Acquisition Corp. announced its initial public offering (IPO) of 22,500,000 units priced at $10 each, set to list on NYSE under ticker symbol EGGFU from May 26, 2021. Each unit consists of one Class A common stock share and one-third of a redeemable warrant, with each whole warrant exercisable at $11.50 per share. The offering is expected to close on May 28, 2021, and BTIG, LLC is serving as the book-running manager. The Company aims to find a business combination across various sectors, leveraging its sponsors' expertise.
