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Global Synergy Acquisition Corp. (Nasdaq: GSAQU) successfully closed its IPO, offering 25,875,000 units at $10.00 each. The transaction included 3,375,000 units from the underwriters' over-allotment and began trading on January 8, 2021. Each unit consists of one share of Class A common stock and a half warrant, allowing purchase at $11.50 per share. The company aims to identify a suitable business for acquisition, leveraging the expertise of its seasoned management team in IT Services and Business Process Outsourcing.
Global Synergy Acquisition Corp. (GSAC) announced the pricing of its initial public offering (IPO) of 22,500,000 units at $10.00 each, to be listed on Nasdaq under the symbol 'GSAQU' starting January 8, 2021. Each unit comprises one Class A ordinary share and half a warrant, with whole warrants allowing the purchase of additional shares at $11.50. The offering is set to close on January 12, 2021. GSAC aims to merge or acquire businesses mainly in the IT Services and Business Process Outsourcing sectors, leveraging its experienced management team.