Summary not available.
Data Knights Acquisition Corp. has announced that holders of its initial public offering units can now trade shares of Class A common stock and warrants separately, starting June 22, 2021. This follows the completion of an IPO, where 11,500,000 units were sold on May 11, 2021. The units will continue to trade under ticker DKDCU, while separated Class A common stock and warrants will trade as DKDCA and DKDCW on Nasdaq. The offering was registered with the SEC, and the company emphasizes that this press release is not an offer to sell or solicit securities.
Summary not available.
Data Knights Acquisition Corp. has priced its initial public offering at $10.00 per unit, raising a total of $100 million. Each unit consists of one share of Class A common stock and one redeemable warrant, which gives holders the right to purchase additional shares at $11.50 each. The units will trade on Nasdaq under the symbol DKDCU starting May 7, 2021. The company, focusing on mergers in the data centers and internet technology sectors, is sponsored by Serba Dinamik Group Berhad. The registration statement was declared effective by the SEC on May 6, 2021.