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Keyarch Acquisition Corporation (Nasdaq: KYCHU) announced that starting March 3, 2022, holders of the company's units can trade the Class A ordinary shares, warrants, and rights separately. The units will continue to trade under the symbol KYCHU, while the separated components will trade under KYCH, KYCHW, and KYCHR. This separation allows flexibility in trading but does not involve fractional warrants. The company’s underwritten offering was managed by EarlyBirdCapital, Inc. and Haitong International Securities, with a registration statement effective since January 24, 2022.
Keyarch Acquisition Corporation (Nasdaq: KYCHU) announced the closing of a full exercise of the overallotment option from its initial public offering, resulting in an additional 1,500,000 units issued at $10.00 each. The total offering now amounts to 11,500,000 units and an aggregate of $115,000,000. The units, which contain shares, warrants, and rights, began trading on the Nasdaq on January 25, 2022. EarlyBirdCapital, Inc. and Haitong International Securities are the joint book-running managers for the offering.
Keyarch Acquisition Corporation (Nasdaq: KYCHU) successfully closed its initial public offering of 10 million units at $10.00 each, totaling $100 million in gross proceeds. The units began trading on January 25, 2022. Each unit comprises one Class A ordinary share, half a redeemable warrant, and a right for a fractional share. The company aims to merge or acquire firms within disruptive technology and innovative services, primarily in developed economies. EarlyBirdCapital and Haitong International served as joint book-running managers for the offering.
Keyarch Acquisition Corporation announced the pricing of its initial public offering (IPO) of 10,000,000 units at $10.00 each, with trading set to begin on January 25, 2022, under the ticker symbol KYCHU on Nasdaq. Each unit includes one Class A ordinary share, a half warrant, and a right to a fraction of a share. The company aims to target innovative tech businesses for potential mergers or acquisitions, primarily in developed markets, excluding entities based in China.
