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Deep Lake Capital Acquisition Corp. announced it will redeem all outstanding Class A ordinary shares at approximately
Deep Lake Capital Acquisition Corp. has priced its initial public offering (IPO) at $10.00 per unit, raising approximately $180 million by offering 18,000,000 units. Trading under the ticker symbol DLCAU, the IPO is set to launch on January 13, 2021. Each unit consists of one Class A ordinary share and a half warrant, with full warrants priced at $11.50 per share. The company, focused on mergers in the technology and financial sectors, has also granted underwriters an option to purchase an additional 2,700,000 units. Forward-looking statements in the release note uncertainties surrounding the IPO.