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VCVCU - VCVCU STOCK NEWS

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

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10X Capital Venture Acquisition Corp (Nasdaq: VCVCU) announced the separation of units sold in its IPO, starting December 28, 2020. Holders can trade shares of common stock under the symbol ‘VCVC’ and warrants under ‘VCVCW’. Only whole warrants will be issued upon separation. The company, a blank-check entity, aims to merge with high-growth tech businesses across various sectors including ecommerce and healthcare. Wells Fargo Securities served as the sole book-running manager. This announcement also includes a caution about forward-looking statements related to future business combinations.

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10X Capital Venture Acquisition Corp (Nasdaq: VCVCU) announced the successful closing of an additional 2,625,000 units as part of its IPO, raising $26.25 million. This brings the total gross proceeds to $201.25 million. The company aims to focus on high-growth sectors such as consumer internet, e-commerce, software, healthcare, and financial services.

The offering was led by Wells Fargo Securities, with the registration statement declared effective by the SEC on November 23, 2020.

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10X Capital Venture Acquisition Corp (Nasdaq: VCVCU) has successfully closed its initial public offering, raising $175 million from the sale of 17.5 million units, priced at $10.00 each. The units, consisting of one share of Class A common stock and one-half of a redeemable warrant, began trading on November 24, 2020. The company aims to identify high-growth technology and tech-enabled businesses for future mergers or acquisitions. Wells Fargo Securities acted as the sole book-running manager, with an option for underwriters to purchase additional units.

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On November 24, 2020, 10X Capital Venture Acquisition Corp announced the pricing of its IPO, offering 17,500,000 units at $10.00 per unit. The units will be listed on Nasdaq under the symbol 'VCVCU'. Each unit comprises one share of Class A common stock and a half redeemable warrant, with the latter exercisable at $11.50 per share. The company focuses on high-growth technology sectors, including consumer internet and healthcare. Wells Fargo Securities serves as the sole book-running manager and has a 45-day option for an additional 2,625,000 units for over-allotments.

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20.13M
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