Cambridge Acquisition Corp. Raises $230 Million in Nasdaq IPO
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Cambridge Acquisition Corp. has successfully completed its IPO, raising $230 million by selling 23 million units at $10 each. Each unit includes one Class A ordinary share and one-third of a redeemable warrant, with full warrants allowing the purchase of shares at $11.50. The units are listed on Nasdaq under "CAQUU," while ordinary shares and warrants will trade under "CAQ" and "CAQUW." BTIG, LLC was the sole book-running manager for the offering.
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