Chain Bridge I focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus in the financial, technology, and business services sectors. The company was incorporated in 2021 and is based in Burlingame, California.
BURLINGAME, Calif., November 15, 2021--Chain Bridge I (the "Company"), a special purpose acquisition company, today announced the closing of its initial public offering of 23,000,000 units, including 3,000,000 units issued pursuant to the underwriters’ exercise in full of their over-allotment option. The offering was priced at $10.00 per unit, generating total gross proceeds of $230 million.