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Gladstone Acquisition Corporation (NASDAQ:GLEEU) announced that starting September 27, 2021, holders of its 10,492,480 Units from the initial public offering can trade shares of Class A common stock and warrants separately. The Units will continue trading under the symbol GLEEU, while separated shares will trade as GLEE and warrants as GLEEW on the Nasdaq Capital Market. The offering, managed by EF Hutton, was registered with the SEC and completed in August 2021.
Gladstone Acquisition Corp. (GLEEU) has successfully closed the issuance of 492,480 additional units in a partial exercise of the underwriter's over-allotment option associated with its initial public offering. Each unit comprises one share of Class A common stock and one-half of a redeemable warrant, sold at $10.00 per unit, generating an additional $4,924,800 in gross proceeds. This brings the total gross proceeds from the offering to $104,924,800. The company aims to focus its business combination efforts in the farming and agricultural sector.
Gladstone Acquisition Corporation (NASDAQ:GLEEU) has successfully closed its initial public offering (IPO) of 10,000,000 units priced at $10.00 each. The IPO proceeds will support business combination initiatives, particularly within the farming and agriculture sectors, an area where the management team excels. Each unit consists of one share of Class A common stock and one-half of a redeemable warrant, enabling investors to purchase additional shares. The units are now trading on the Nasdaq under the symbol GLEEU, with warrants expected to trade under GLEEW.
Gladstone Acquisition Corporation announced the pricing of its initial public offering on August 4, 2021, offering 10 million units at $10 each. The units will trade on the Nasdaq under the symbol GLEEU, with each unit comprising one share of Class A common stock and one-half redeemable warrant. The offering aims to raise capital for potential mergers or acquisitions, primarily focusing on the farming and agricultural sectors. The closing is expected on August 9, 2021, subject to customary conditions.
