Indigo Acquisition Closes $100 Million IPO

MT Newswires Live
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Indigo Acquisition Corp. (INACU) said late Wednesday it has closed its initial public offering of 10 million units at $10 each, raising $100 million for the blank check company.

Each unit comprises of one share and a right to receive a tenth of a share upon the completion of an initial business combination.

The units began trading on Nasdaq July 1.

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