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Aura FAT Projects Acquisition Corp. (Nasdaq: AFAR) announced on June 2, 2022, that holders of its initial public offering units can begin trading shares of Class A common stock and warrants separately from June 3, 2022. The IPO raised funds through 11,500,000 units and was completed on April 18, 2022. The units not separated will trade under the symbol 'AFARU,' while the separated shares will trade as 'AFAR' and 'AFARW' on Nasdaq. The offering was registered with the SEC and is not an offer to sell securities in jurisdictions where such offers would be unlawful.
Aura FAT Projects Acquisition Corp. announced the successful closing of its initial public offering (IPO) with the sale of 10 million units at $10 each, raising $100 million. An additional 1.5 million units were sold following the underwriters' over-allotment, totaling gross proceeds of $115 million. The units began trading on Nasdaq under the symbol 'AFARU' on April 13, 2022. The company aims to focus on emerging technology sectors, including blockchain and cryptocurrency, for potential business combinations.
Aura FAT Projects Acquisition Corp. has priced its initial public offering (IPO) at $100 million, offering 10 million units at $10.00 each. The units will debut on the Nasdaq under the symbol 'AFARU' from April 13, 2022. Each unit comprises one Class A ordinary share and a redeemable warrant for shares at $11.50. The company targets emerging technology sectors in Southeast Asia and Australasia, including Web 3.0 and digital finance. The underwriters have a 45-day option for an additional 1.5 million units. The IPO is set to close on April 18, 2022, pending customary conditions.
