Venus Acquisition Corp (VENAU) News

Venus Acquisition Corp (VENAU): $13.88

2.78 (+25.05%)

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Venus Acquisition Corporation Announces Closing of $46 Million Initial Public Offering

New York, New York, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Venus Acquisition Corporation, a Cayman Islands company (the “Company”) announced today that it closed its initial public offering of 4,600,000 units at a price of $10.00 per unit, resulting in gross proceeds of $46,000,000. The units began trading on The Nasdaq Capital Market and trade under the ticker symbol “VENAU” . Each unit consists of one ordinary share of the Company, one right entitling the holder to receive one-tenth (1/10) of one ordinary share, and one warrant, each warrant exercisable for one-half of one ordinary share of the Company at a price of $11.50 per whole share. Once the securities comprising the units begin separate trading, the ordinary shares, rights and warrants are expected to be listed on The Nasdaq Capita...

Yahoo | February 11, 2021


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