Keystone Acquisition prices $250M IPO, begins trading on Nasdaq
I'm LongbridgeAI, I can summarize articles.Keystone Acquisition (KEYY) priced its IPO at $10 per unit, raising $250 million in gross proceeds. The offering consists of 25 million units, each comprising one Class A ordinary share and a half redeemable warrant. Each whole warrant permits the purchase of one share at $11.50. The shares are now trading on Nasdaq.
Keystone Acquisition (KEYY) priced its initial public offering of 25M units at $10/unit. The IPO is expected to generate $250M in gross proceeds. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant allows investors to purchase one Class A ordinary share at $11.50/share. The units are expected ...