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Crypto 1 Acquisition Corp Completes $230 Million Initial Public Offering
Summary: The newly established Special Purpose Acquisition Company (SPAC) Crypto 1 Acquisition Corp announced the end of its initial public offering, including the full exercise of the over-allotment rights by the underwriters. The issue price is $10.00 per unit and 23,000,000 units are sold, bringing the total revenue to $230,000,000. The company began trading on the ...
The newly established Special Purpose Acquisition Company (SPAC) Crypto 1 Acquisition Corp announced the end of its initial public offering, including the full exercise of the over-allotment rights by the underwriters. The issue price is $10.00 per unit and 23,000,000 units are sold, bringing the total revenue to $230,000,000.
The company began trading on the Nasdaq Global Market on December 7 under the ticker "DAOOU". Crypto 1 Acquisition Corp stated that the team’s focus is to seek business mergers with major digital asset and cryptocurrency exchanges, payment systems, and/or related financial service companies, including wallets, lending and decentralized finance (DeFi).
By Mary Liu
Tags: Crypto 1 Acquisition Corp
Link: Crypto 1 Acquisition Corp Completes $230 Million Initial Public Offering [Copy]
