Cadenza Acquisition Corp I announced the pricing of its initial public offering of 20,000,000 units at $10.00 per unit.
The units will be listed on The Nasdaq Global Stock Market LLC under the ticker symbol 'LPCVU'.
Each unit consists of one Class A ordinary share and one-third of one redeemable warrant.
Offering Details
$200,000,000 initial public offering with 20,000,000 units priced at $10.00 per unit.
Company Focus
Primarily targeting technology and software infrastructure companies within blockchain, fintech, and digital assets.
Management Team
Led by Max Shapiro (CEO), Jurgen van de Vyver (CFO), and Kumar Dandapani (Chairman).
Underwriters
Cantor Fitzgerald & Co. is the sole book-running manager for the offering.
- The Company aims to pursue mergers, acquisitions, or similar deals in various industries.
- Investors can expect the units to trade separately once the securities are listed on Nasdaq.
- The offering includes additional units to cover over-allotments if any, providing flexibility to the underwriters.
With a strong focus on technology and a seasoned management team, Cadenza Acquisition Corp I's IPO signals its intent to explore opportunities in the tech and financial sectors.