Pine Technology Acquisition Corp. (PTOCU) News
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Below are the latest news stories about Pine Technology Acquisition Corp that investors may wish to consider to help them evaluate PTOCU as an investment opportunity.
AURORA, OHIO, March 15, 2021 (GLOBE NEWSWIRE) -- Pine Technology Acquisition Corp. (the “Company”) today announced the closing of its initial public offering of 34,500,000 units, which includes 4,500,000 units issued pursuant to the exercise by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $345,000,000, before deducting underwriting discounts and commissions and other offering expenses payable by the Company. The units are listed on The Nasdaq Capital Market (“Nasdaq”) under the symbol “PTOCU” and began trading on March 11, 2021. Each unit consists of one share of Class A common stock of the Company and one-third of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share o...