Cambridge Acquisition Corp. Raises $230 Million in Nasdaq IPO

Reuters
Feb 10
<a href="https://laohu8.com/S/CAQUU">Cambridge Acquisition Corp</a>. Raises $230 Million in Nasdaq IPO

Cambridge Acquisition Corp., a newly formed special purpose acquisition company, has closed its initial public offering, raising $230 million through the sale of 23,000,000 units at $10.00 per unit. Each unit consists of one Class A ordinary share and one-third of a redeemable warrant, with each whole warrant allowing the purchase of a Class A ordinary share at $11.50. The units are listed on the Nasdaq Global Market under the ticker symbol "CAQUU," with the ordinary shares and warrants expected to trade separately under the symbols "CAQ" and "CAQUW," respectively. BTIG, LLC served as the sole book-running manager for the offering.

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