Welcome to our dedicated page for CNTQU news (Ticker: CNTQU), a resource for investors and traders seeking the latest updates and insights on CNTQU stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CNTQU's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CNTQU's position in the market.
Chardan NexTech Acquisition 2 Corp. (CNTQ) announced that its registration statement for a business combination with Dragonfly Energy Corp., a lithium-ion battery manufacturer, was declared effective by the SEC. The special meeting for stockholder approval is scheduled for October 6, 2022. A proxy statement will be mailed to stockholders, with voting due by October 5, 2022. If approved, the combined entity will trade under the new ticker symbols "DFLI" and "DFLIW" on Nasdaq. Financial and legal advisors for both companies have been appointed as part of the transaction process.
Chardan NexTech Acquisition 2 Corp. announced that starting August 24, 2021, investors can separately trade common stock and warrants from the units sold in its IPO. The common stock will trade under the ticker CNTQ, while warrants will trade under CNTQW. Units not separated will continue to trade as CNTQU. This move facilitates greater flexibility for investors and enhances market activity around the stock.
Chardan NexTech Acquisition 2 Corp. (NASDAQ: CNTQU) announced the issuance of an additional 1,650,000 units from the underwriters' over-allotment option during its IPO. The offering was priced at $10.00 per unit, raising $16.5 million and totaling $126.5 million in gross proceeds. The IPO commenced trading on August 11, 2021, with each unit consisting of one share of common stock and three-quarters of a warrant. The firm aims to pursue business combinations in disruptive technologies.
Chardan NexTech Acquisition 2 Corp. has successfully closed its upsized initial public offering (IPO) of 11,000,000 units at a price of $10.00 per unit, raising a total of $110 million. The units began trading on Nasdaq under the symbol 'CNTQU' on August 11, 2021. Each unit comprises one share of common stock and three-quarters of a warrant, each whole warrant allowing the purchase of additional stock at $11.50. The company aims to identify a target business in disruptive technologies for future acquisitions.
Chardan NexTech Acquisition 2 Corp. announced the pricing of its upsized initial public offering (IPO) of 11,000,000 units at $10.00 per unit. The units will trade on Nasdaq under the ticker symbol "CNTQU" starting August 11, 2021. Each unit comprises one share of common stock and three-quarters of a redeemable warrant, with whole warrants priced at $11.50 per share. The offering is expected to close on August 13, 2021, and is led by Chardan as the sole book-running manager.
