SPAC Space Asset Acquisition prices US IPO, raising $200 million
Space Asset Acquisition, a SPAC focused on the global space economy, has priced its US IPO at $200 million by offering 20 million units at $10 each. The company, led by CEO Peter Ort, aims to target businesses in various space-related sectors. It has not yet selected a target. The SPAC plans to list on Nasdaq under the symbol SAAQU, with BTIG as the sole bookrunner.
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