Karbon Capital Partners (KBON) said Thursday it has priced an initial public offering of 30 million units at $10 each.
Each unit consists of one share and one-fourth of a warrant, with each whole warrant redeemable for a share of the company at $11.50 per share, the companies said.
The units will be listed on Nasdaq under the ticker symbol "KBONU" with trading expected to begin on Dec. 11, the company said.
Once the units begin separate trading, the shares and warrants are expected to be listed under the symbols "KBON" and "KBONW," respectively.
The offering is expected to close on Friday.