2020-11-30 11:39:48 SGAM Seaport Global Acquisition
11/30/20 11/3011:39 11/30/2011:39 | Seaport Global Acquisition opens for trade at $10, IPO priced at $10Seaport Global Acquisition priced its initial public offering of 12.5M units, at $10.00 per unit. The units are listed on the Nasdaq under the ticker symbol "SGAMU." Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols "SGAM" and "SGAMW," respectively. Seaport Global Acquisition is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It intends to focus its search on companies emerging from a reorganization or distressed situation. B. Riley Securities is acting as sole book-running manager of the offering. |
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