STOCK TITAN

SEDAU - SEDAU STOCK NEWS

Welcome to our dedicated page for SEDAU news (Ticker: SEDAU), a resource for investors and traders seeking the latest updates and insights on SEDAU 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 SEDAU'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 SEDAU's position in the market.

-
Rhea-AI Summary

SDCL EDGE Acquisition Corporation (NYSE: SEDA.U) announced the underwriters of its initial public offering exercised an option to purchase an additional 2,495,246 units at $10.00 per unit, raising gross proceeds of approximately $24,952,460. This increases total units sold to 19,995,246. Additionally, the Company completed a private sale of 748,574 private placement warrants to its sponsor and other investors, generating $748,574. The offering focuses on energy-efficient, decentralized solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

SDCL EDGE Acquisition Corporation (NYSE:SEDAU) announced the successful closing of its initial public offering (IPO) of 17,500,000 units at $10.00 per unit, generating gross proceeds of $175 million. The IPO commenced trading on NYSE on October 29, 2021. Each unit consists of one Class A ordinary share and one-half redeemable warrant, with whole warrants exercisable at $11.50 per share. Goldman Sachs & Co. LLC and BofA Securities, Inc. served as joint book-running managers. The company aims to pursue opportunities in energy-efficient solutions for a lower carbon economy.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary

SDCL EDGE Acquisition Corporation announced its pricing for an initial public offering of $10.00 per unit, with 17,500,000 units set to be listed on the The New York Stock Exchange under ticker symbol SEDA.U starting October 29, 2021. Each unit includes one Class A share and one-half of a redeemable warrant, with the whole warrant priced at $11.50. The offering is expected to close by November 2, 2021. Goldman Sachs & BofA Securities are acting as joint book-running managers for this offering.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
SEDAU

NYSE:SEDAU

SEDAU Rankings

SEDAU Stock Data