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Aurora Technology Acquisition Corp. has successfully closed its initial public offering (IPO), raising $202 million through the sale of 20,200,000 units. Each unit, priced at $10.00, includes one Class A ordinary share and a warrant. The units began trading on Nasdaq under the ticker symbol ATAKU on February 7, 2022. The Company aims to focus on mergers and acquisitions with high-growth technology firms in North America and Asia, particularly targeting businesses founded by Asian or Asian-American entrepreneurs.
Aurora Technology Acquisition Corp. announced the pricing of its initial public offering (IPO) of 20 million units at $10.00 each, aiming to raise $200 million. Each unit includes one Class A ordinary share, one redeemable warrant, and rights for additional shares upon business combination. Trading is set to begin on Nasdaq under the ticker symbol 'ATAKU' on February 7, 2022, with the offering closing on February 9, 2022. Maxim Group LLC acts as the sole book-running manager. The company targets high-growth technology businesses in North America and Asia, emphasizing innovation in sectors like AI and electric vehicles.