Industrial Tech Acquisitions Inc. announced today the closing of its previously announced initial public offering (“IPO”) of 7,500,000 units at a price to your public of $10.00 per unit.
The Company’s units commenced trading on, 9, 2020 regarding the NASDAQ Capital Market (“NASDAQ”) under the symbol Wednesday September “ITACU.” Each unit consists of just one share of Class A stock that is typical one warrant to acquire one share of Class a stock that is common an exercise cost of $11.50 per share. Once the securities comprising the units start separate trading, the stocks of Class A stock that is warrants that are common expected to be traded on NASDAQ under the symbols “ITAC” and “ITACW”, respectively.
Maxim Group LLC acted as sole guide manager that is running the offering.
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A enrollment statement concerning the securities was declared effective by the SEC on 8, 2020 September. The providing is being made only in the form of a prospectus, copies of that might be obtained by contacting Maxim Group LLC, 405 Lexington Avenue, New York, ny 10174. Copies associated with enrollment declaration can be accessed through the SEC’s website at www.sec.gov.
This press release shall not constitute an offer to market or a solicitation of an offer to purchase, nor shall there be any purchase of these securities in any state or jurisdiction in which offer that is such solicitation or purchase would be unlawful prior to registration or qualification under the securities rules of any such state or jurisdiction.
Industrial Tech Acquisitions, Inc. is just a check that is blank, additionally commonly known as A special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, share trade, asset acquisition, share purchase, reorganization or business that is similar with one or more businesses or entities. The business’s efforts to recognize a target business won’t be restricted to a industry that is specific geographic area, although it intends to focus its search on target businesses in united states operating within the commercial focused technology areas including pc software, mobile and Internet of Things (“IoT”) applications, cloud communications and ultra-high bandwidth services, including LTE and 5G communications.
This news release includes statements that are forward-looking involve risks and uncertainties. Forward searching statements are statements that are maybe not facts that are historic. Such forward-looking statements, including the consummation that is successful of company’s initial offering that is public are susceptible to risks and uncertainties, which could cause real results to change through the forward looking statements. The company expressly disclaims any responsibilities or undertaking to launch publicly any updates or revisions to virtually any statements which are forward-looking herein to mirror any modification in the Company’s expectations with respect thereto or any noticeable change in activities, conditions or circumstances on which any statement is based. Industrial Tech Acquisitions Inc. announced today the closing of its.