Prime Number Acquisition I Corp. priced its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PNACU” Friday, May 13, 2022.
The new SPAC intends to focus its search on the technology-enabled financial sectors or related industries that have a strong management team. Prime Number I is led by CEO and Chairman Dongfeng Wang, and CFO David Friedman.
Total SPAC deal count for 2022 year-to-date is now 67. This offering is expected to close on Tuesday, May 17.
Prime Number Capital, LLC and WestPark Capital, Inc. are acting as the representatives of the underwriters for the offering. Robinson & Cole LLP is serving as Issuer’s Counsel with Winston & Strawn LLP serving as Underwriter’s Counsel. UHY LLP serves as auditor. Wilmington Trust, National Association is acting as trustee.
Welsbach Technology (NASDAQ:WTMA) has signed a business combination agreement with Evolution Metals, which is developing technology to produce the critical materials and alloys in battery production. Transaction Overview Welsbach has about $23.4 million in its current trust after seeing 71.8% of shares redeemed in earlier extension votes that have pushed its deadline to June 30,...
At the SPAC of Dawn On a day when the US markets are closed, there’s always a chance of SPAC actions sliding by as the SEC has left its EDGAR filing system open. Right on cue, Welsbach Technology (NASDAQ:WTMA) filed that it had come to a definitive agreement with battery production technology firm Evolution Metals....
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