Credit: Shutterstock photoMegalith Financial Acquisition, a blank check company formed to acquire a financial services business, raised $150 million by offering 15 million units at $10. Each unit will consist of one share of common stock and one warrant to purchase on share of common stock at $11.50. Megalith Financial Acquisition plans to list on the NYSE under the symbol MFACU. Chardan Capital Markets acted as a lead manager on the deal.
The article Financial services SPAC Megalith Financial Acquisition prices IPO at $10 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.
