WASHINGTON (dpa-AFX) - Friday, A SPAC III Acquisition Corp. announced the pricing of 5.5 million Initial Public Offering at $10 per share, amounting to a total of $55 million.
The company has granted a 45-day option to underwriters to purchase additional units of up to 825,000.
The blank check company incorporated as a British Virgin Islands expects to trade the units on the Nasdaq under the ticker symbol 'ASPCU,' starting November 8.
The offering is expected to close on November 12.
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