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Ahren Acquisition Corp. has appointed Jonathan Roney as an independent director of its Board, effective April 8, 2022. Roney brings over 20 years of experience in financial services and has served as a director for various companies in the Cayman Islands. Ahren Acquisition Corp. focuses on mergers and acquisitions in high-growth sectors, including artificial intelligence and space technology. The company is sponsored by AACS LP, affiliated with Ahren LP, which targets transformative investments in promising markets.
Ahren Acquisition Corp. has successfully closed its initial public offering, issuing 30 million units at $10.00 each, including 2.5 million units from an over-allotment option. Each unit comprises one Class A ordinary share and half a warrant, with separate trading expected to commence under the symbols AHRN and AHRNW. The firm aims to pursue mergers or acquisitions in innovative sectors like energy, AI, genetics, and space, backed by investment fund Ahren, founded by Alice Newcombe-Ellis, the company's CEO.
Ahren Acquisition Corp. announced the pricing of its initial public offering (IPO) on December 14, 2021, offering 27,500,000 units at $10.00 each. Each unit comprises one Class A ordinary share and one-half warrant, with the latter having an exercise price of $11.50. Trading will commence on Nasdaq under the ticker symbols AHRNU, AHRN, and AHRNW on December 15, 2021. The offering is expected to close on December 17, 2021, subject to customary conditions. The company aims to merge with high-growth technology firms within four key domains: energy, artificial intelligence, genetics, and space.
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