AXIOS Sustainable Growth Acquisition Corporation Announces Pricing of Upsized $150 Million Initial Public Offering
NEW YORK–(Company WIRE)–AXIOS Sustainable Development Acquisition Corporation (the “Company”) announced nowadays that it priced its preliminary community featuring of 15,000,000 models at $10.00 for each device. The units will be detailed on the New York Inventory Trade (“NYSE”) and trade underneath the ticker image “AXACU” starting on February 16, 2022. Each unit is composed of one Course A everyday share, a person right and a person redeemable warrant. Each individual proper entitles the holder thereof to acquire just one-tenth of just one Course A common share on the consummation of an first company mixture. Each and every warrant entitles the holder thereof to order one Course A standard share at a price tag of $11.50 for every share. After the securities comprising the units start out individual investing, the Class A everyday shares, legal rights and redeemable warrants are expected to be listed on the NYSE below the symbols “AXAC,” “AXACR” and “AXACWS,” respectively.
The Company is a blank check out firm, incorporated as a Cayman Islands exempted business for the reason of effecting a merger, share exchange, asset acquisition, share order, recapitalization, reorganization or other similar small business blend with a single or much more enterprises. The Corporation intends to research for a target small business that is engaged in the agribusiness, plant-based mostly proteins, food processing, and related technological innovation market found in Central and Eastern Europe.
I-Bankers Securities, Inc. is performing as sole book-managing supervisor for the featuring. The Business has granted the underwriters a 30-working day choice to acquire up to an added 2,250,000 units at the preliminary general public offering price.
The presenting is getting made only by signifies of a prospectus, copies of which may possibly be obtained, when accessible, by speaking to I-Bankers Securities, Inc., 1208 Shady Ln N., Keller, Texas 76248. Copies of the registration statement can be accessed as a result of the SEC’s web page at www.sec.gov.
Registration statements relating to the securities grew to become successful on February 15, 2022. This press release shall not constitute an offer to offer or the solicitation of an provide to get, nor shall there be any sale of these securities in any condition or jurisdiction in which these kinds of present, solicitation or sale would be illegal prior to registration or qualification under the securities rules of any these condition or jurisdiction.
The providing is predicted to shut on February 18, 2022, topic to customary closing situations.
Ahead-Hunting Statements
This press launch includes statements that constitute “forward-hunting statements,” including with respect to the offering. No assurance can be presented that the presenting will be finished on the terms explained, or at all. Forward-on the lookout statements are subject to numerous problems, numerous of which are further than the management of the Organization, such as individuals set forth in the Chance Components segment of the Company’s preliminary prospectus for the Company’s providing submitted with the U.S. Securities and Exchange Commission (the “SEC”). Copies of these documents are available on the SEC’s site, www.sec.gov. The Enterprise undertakes no obligation to update these statements for revisions or adjustments just after the day of this release, apart from as expected by legislation.
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