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Sustainable Development Acquisition I Corp. announces that starting March 29, 2021, holders of its units can trade shares of Class A common stock and associated warrants separately. The Class A common stock will trade under the symbol SDAC, while the warrants will trade under SDACW. Units that remain unseparated will continue trading under SDACU. It is noted that no fractional warrants will be issued, and to separate units, brokers must contact the Company's transfer agent.
Sustainable Development Acquisition I Corp. (SDAC) has successfully closed its upsized initial public offering of 31,625,000 units at $10.00 each. The offering generated $316,250,000, which has been placed in the Company’s trust account. Each unit comprises one share of Class A common stock and one-half of a redeemable warrant. This SPAC aims to partner with businesses that align with the United Nations Sustainable Development Goals, focusing on sectors like water, agriculture, and renewable energy. SDAC was formed through a partnership between RRG Global Partners Fund and Sustainable Investors Fund.
Sustainable Development Acquisition I Corp. (SDAC) announced the pricing of its upsized IPO of 27,500,000 units at $10.00 each, set to list on Nasdaq under the ticker 'SDACU' starting February 5, 2021. Each unit includes one Class A common stock share and one-half redeemable warrant, with whole warrants priced at $11.50. The SPAC targets mergers or acquisitions in industries like water, food, agriculture, and renewable energy aimed at addressing UN Sustainable Development Goals. The IPO closing is projected for February 9, 2021, pending customary conditions.
