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Blue Whale Acquisition Corp I (NASDAQ: BWCAU) announced that starting September 24, 2021, holders of its IPO units can separately trade the shares of Class A common stock and redeemable warrants. The IPO had 22,940,811 units and concluded on March 31, 2021. Unseparated units will continue to trade under symbol BWCAU, while separated shares will trade under BWC and BWCAW. Investors need to contact Continental Stock Transfer & Trust Company to facilitate the separation. The offering was underwritten by Goldman Sachs & Co. LLC and BofA Securities.
Blue Whale Acquisition Corp I (Nasdaq: BWCAU) has successfully closed its initial public offering (IPO) of 20 million units, raising $200 million at $10.00 per unit. The units started trading on Nasdaq on August 4, 2021. Each unit comprises one Class A ordinary share and a quarter warrant for one Class A share. Furthermore, MIC Capital Partners has the option to purchase up to $50 million in additional units. The company aims to merge or acquire businesses in the media, entertainment, and technology sectors and is backed by Mubadala Capital, a leading global investor.
Blue Whale Acquisition Corp I announced the pricing of its IPO on August 3, 2021, offering 20 million units at $10.00 each. The units will be traded on Nasdaq under the symbol 'BWCAU' starting August 4, 2021. This SPAC, sponsored by Mubadala Capital, aims to merge with businesses in the media, entertainment, and technology sectors. The offering includes a forward purchase agreement for up to $50 million and a commitment to purchase 2 million units by its sponsor. Goldman Sachs & Co. LLC and BofA Securities are leading the offering.
