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Thrive Acquisition Corporation has successfully closed its initial public offering, raising $172.5 million by issuing 17,250,000 units at $10.00 each, including 2,250,000 units from the underwriters' over-allotment option. The shares began trading on Nasdaq under the symbol 'THAC.U' on October 21, 2021. Each unit comprises one Class A ordinary share and one-half redeemable warrant, with whole warrants exercisable at $11.50 per share. Thrive aims to focus on a business combination in the global health and wellness sector.
Thrive Acquisition Corporation announced its initial public offering (IPO), pricing 15,000,000 units at
