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Williams Rowland Acquisition Corp. has successfully completed its IPO, offering 20,000,000 units at $10.00 each. Each unit consists of one common stock share and one-half of a redeemable warrant, with each whole warrant allowing the purchase of stock at $11.50. Trading began on July 27, 2021, under the ticker symbol 'WRACU.' The underwriter, Oppenheimer & Co. Inc., has a 45-day option for an additional 3,000,000 units. The separate trading of the common stock and warrants is expected soon under 'WRAC' and 'WRACW,' respectively.
Williams Rowland Acquisition Corp. has announced the pricing of its IPO, offering 20 million units at $10 each. Each unit comprises one share of common stock and half a redeemable warrant, with each whole warrant allowing purchase of one share at $11.50. The offering includes a 45-day option for underwriters to buy an additional 3 million units. Trading is expected to start on July 27, 2021, under the ticker 'WRACU'. The IPO is set to close on July 29, 2021, pending customary conditions.