Welcome to our dedicated page for BACQU news (Ticker: BACQU), a resource for investors and traders seeking the latest updates and insights on BACQU stock.
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Bleichroeder Acquisition Corp. I has announced the pricing of its $250 million initial public offering, consisting of 25,000,000 units at $10 per unit. Trading will commence on Nasdaq under symbol BACQU on November 1, 2024. Each unit includes one Class A ordinary share and one right to receive one-tenth of a share upon business combination completion. The company is a blank check firm focusing on technology, media and telecommunications (TMT) sector acquisitions, led by Co-Founders Michel Combes and Andrew Gundlach. Underwriters have a 45-day option to purchase up to 3,750,000 additional units.
