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Vickers Vantage Corp. I (NASDAQ: VCKAU) announced on March 3, 2021, that holders of its initial public offering units can now trade shares of its common stock and warrants separately on the NASDAQ Capital Market. Common stock will trade under the symbol “VCKA” and warrants under “VCKAW.” Previously, these units traded under “VCKAU.” The Company is a blank check entity seeking a merger, share exchange, or similar business combination, with no specific industry restrictions. This press release does not constitute an offer to sell securities.
Vickers Vantage Corp. I announced the closing of its IPO, raising $138 million by issuing 13.8 million units at $10 each, including an over-allotment option. The units started trading on Nasdaq under the ticker symbol 'VCKAU' on January 7, 2021. Each unit comprises one share and half a redeemable warrant, which can be exercised at $11.50 per share. Proceeds of $139.4 million have been placed in trust for future business combinations. The company, incorporated as a blank check entity, is exploring merger and acquisition opportunities across various industries.
Vickers Vantage Corp. I announced pricing for its initial public offering (IPO) of 12,000,000 units at $10.00 per unit. Trading is set to begin on January 7, 2021, under the ticker symbol VCKAU. Each unit comprises one ordinary share and half a redeemable warrant, with whole warrants allowing purchase of an ordinary share at $11.50. The company, a blank check firm, will seek a merger or acquisition target without limitations to specific industries. Maxim Group LLC is the sole book-running manager, and an additional 1,800,000 units may be purchased by underwriters.
