Credit: Shutterstock photoStellar Acquisition III, a Greek blank check company formed to acquire an international energy logistics company, raised $65 million by offering 6.5 million shares at $10, as expected. The company had originally filed to offer 8.0 million shares, but decreased the size of the offering earlier this week. Stellar Acquisition III plans to list on the Nasdaq under the symbol STLRU. Maxim Group LLC acted as a lead manager on the deal.
The article Blank check from Greece: Stellar Acquisition III prices $65 million IPO at $10, as expected originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
