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Powerup Acquisition Corp - PWUPU STOCK NEWS

Welcome to our dedicated page for Powerup Acquisition news (Ticker: PWUPU), a resource for investors and traders seeking the latest updates and insights on Powerup Acquisition 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 Powerup Acquisition'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.

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Rhea-AI Summary

PowerUp Acquisition Corp. announced the successful closing of its initial public offering (IPO) of 28,750,000 units at $10.00 per unit, generating gross proceeds of $287,500,000. The IPO was completed on February 18, 2022, with units trading on the Nasdaq under the ticker symbol PWUPU. The company, a blank check firm, aims to acquire businesses within interactive media and video gaming. Funds from the offering, totaling $294,687,500, will be held in a trust account. Citigroup acted as the sole book-running manager for the offering.

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Rhea-AI Summary

PowerUp Acquisition Corp. announces the pricing of its initial public offering (IPO) of 25 million units at $10.00 per unit, set to trade on Nasdaq under the ticker symbol “PWUPU” starting February 18, 2022. Each unit comprises one Class A ordinary share and one-half warrant, with whole warrants priced at $11.50 per share. The IPO is expected to close on February 23, 2022. The company, a blank check firm, aims to acquire businesses in the interactive and digital media sectors, particularly in video gaming and related fields.

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FAQ

What is the current stock price of Powerup Acquisition (PWUPU)?

The current stock price of Powerup Acquisition (PWUPU) is $11.6 as of February 13, 2025.
Powerup Acquisition Corp

Nasdaq:PWUPU

PWUPU Rankings

PWUPU Stock Data

28.75M
0.34%
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