Reported Earlier, B&R Technology Merger Corp. Prices Initial Public Offering Of 32.5M Units At $10.00 Each, Grants Underwriters Option For 4,875,000 More Units
Each unit consists of one Class A ordinary share of the Company and one-third of one warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price
A new company called B&R Technology just sold 32.5 million pieces to investors at $10 each to raise money for a big business deal. When a company does this, watch to see if they use the money wisely and if their plans actually work out.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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