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Swiftmerge Acquisition Corp. announced the closing of its public offering, issuing 2,500,000 units at $10.00 each, generating $25 million in gross proceeds. This follows a partial exercise of the underwriter's option, bringing total units issued to 22,500,000 for a total of $225 million. The units consist of one Class A ordinary share and one-half of a warrant, with the whole warrant allowing the purchase of one Class A share at $11.50. Trading under the ticker symbol IVCPU commenced on December 15, 2021.
Swiftmerge Acquisition Corp. announced its initial public offering (IPO) of 20 million units priced at
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