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Latest RXRAU News From Around the Web
Below are the latest news stories about RXR Acquisition Corp that investors may wish to consider to help them evaluate RXRAU as an investment opportunity.
RXR Acquisition Corp. Announces Closing of Upsized $300 Million Initial Public OfferingUniondale, NY, March 08, 2021 (GLOBE NEWSWIRE) -- RXR Acquisition Corp. (the “Company”) today announced the closing of its initial public offering (“IPO”) in which it raised gross proceeds of $300 million. The Company sold 30 million units at $10.00 per unit in the IPO. The Company’s units began trading on The Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “RXRA.U” on March 4, 2021. Each unit consists of one share of the Company’s Class A common stock and one-fifth of one redeemable warrant of the Company. Each whole warrant is exercisable to purchase one share of the Company’s Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expec... |