Colicity Inc. (COLIU) News

Colicity Inc. (COLIU): $10.05

0.01 (+0.10%)

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Latest COLIU News From Around the Web

Below are the latest news stories about Colicity Inc that investors may wish to consider to help them evaluate COLIU as an investment opportunity.

Colicity Inc. Announces Closing of $345 Million Initial Public Offering

Colicity Inc. (the "Company") announced the closing today of its initial public offering of 34,500,000 units, including the underwriters’ exercise of their full over-allotment option for 4,500,000 units, at a price of $10.00 per unit. The units are listed on the NASDAQ Stock Market (NASDAQ) and began trading under the ticker symbol "COLIU" on February 24, 2021. Each unit consists of one Class A share and one-fifth of one redeemable warrant, with each whole warrant exercisable to purchase one Class A share at a price of $11.50 per share. Only whole warrants will be exercisable. Once the securities comprising the units begin separate trading, the Class A shares and warrants are expected to be listed on the NASDAQ under the symbols "COLI" and "COLIW," respectively.

Yahoo | February 26, 2021

How to find the most promising SPACs and dodge the hidden dangers

Investing great Charlie Munger thinks the world would be better off without SPACs, saying this week that “this kind of crazy speculation” is a sign of an “irritating bubble.” SPACs have a lot of pitfalls, as I wrote about here. Here is a guide to what to look for in SPACs, or special purpose acquisition companies, which are known as blank-check companies that come public with the intention of merging real companies into them.

Yahoo | February 26, 2021


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