2021-02-26 10:19:26 AGAC African Gold Acquisition
02/26/21 02/2610:19 02/26/2110:19 | African Gold Acquisition opens for trade at $10, IPO priced at $10African Gold Acquisition priced its upsized initial public offering of 36M units at a price of $10.00 per unit. The units are listed on the New York Stock Exchange and trade under the ticker symbol "AGAC.U". After the securities comprising the units begin separate trading, the class A ordinary shares and warrants are expected to be listed the NYSE under the symbols "AGAC" and "AGAC.W," respectively. African Gold Acquisition is a blank check company incorporated for the purpose of effecting a merger, amalgamation, share exchange, share purchase, asset acquisition, reorganization or similar business combination with one or more businesses. It intends to focus on a target with operations or prospective operations in the gold mining sector. B. Riley Securities is acting as the sole book running manager of the offering. |
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