Welcome to our dedicated page for ITHXW news (Ticker: ITHXW), a resource for investors and traders seeking the latest updates and insights on ITHXW stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ITHXW's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ITHXW's position in the market.
ITHAX Acquisition Corp. has successfully closed its upsized initial public offering of 24,150,000 units priced at $10.00 per unit, generating gross proceeds of $241.5 million. The units began trading on the Nasdaq under the ticker symbol ITHXU on January 28, 2021. Each unit consists of one Class A ordinary share and one-half of a redeemable warrant, with whole warrants exercisable at $11.50 per share. The company, sponsored by Ithaca Capital and AXIA Ventures, aims to pursue business combinations primarily in the leisure and hospitality sector.
