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Focus Impact Acquisition Corp. Unit - FIACU STOCK NEWS

Welcome to our dedicated page for Focus Impact Acquisition Unit news (Ticker: FIACU), a resource for investors and traders seeking the latest updates and insights on Focus Impact Acquisition Unit stock.

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Rhea-AI Summary

Focus Impact Acquisition Corp. announced that starting December 20, 2021, holders of its initial public offering units can separately trade shares of Class A common stock and warrants. The IPO, which launched on November 1, 2021, consisted of 23 million units priced at $10 each. The units will continue to trade on NASDAQ under the symbol FIACU, while separated shares and warrants will trade under FIAC and FIACW, respectively. The offering included a 3 million unit over-allotment and was managed by Citigroup and Goldman Sachs among others.

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Rhea-AI Summary

Focus Impact Acquisition Corp. has announced the pricing of its initial public offering (IPO) of 20,000,000 units at $10.00 each, set to trade on Nasdaq under the ticker symbol FIACU starting October 28, 2021. Each unit consists of one share of Class A stock and one-half redeemable warrant, with whole warrants exercisable at $11.50 per share. The company aims to target 'Social-Forward Companies' for potential business combinations. The IPO is expected to close on November 1, 2021, pending customary conditions.

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Focus Impact Acquisition Corp. Unit

Nasdaq:FIACU

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23.00M
0.01%
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