TradeUP Global Corp (TUGCU) News

TradeUP Global Corp (TUGCU): $10.25

0.75 (-6.82%)

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TradeUP Global Corporation Announces Pricing of $40 Million Initial Public Offering

TradeUP Global Corporation (NASDAQ: TUGCU) ("TradeUP Global" or the "Company") announced today the pricing of its initial public offering ("IPO") of 4,000,000 units at price of $10.00 per unit. The units are expected to be listed on The NASDAQ Capital Market ("NASDAQ") and trade under the ticker symbol "TUGCU" beginning on April 29, 2021. Each unit issued in the IPO consists of one Class A ordinary share of the Company and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share of the Company at a price of $11.50 per share. After the securities comprising the units begin separate trading, the Company's Class A ordinary shares and warrants are expected to be listed on the NASDAQ under the symbols "TUGC," and "TUGCW," respectively.

Yahoo | April 28, 2021


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