Blank check Monocle Acquisition prices $150 million IPO at $10

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Monocle Acquisition, a blank check company formed to acquire an aerospace & defense or industrial business, raised $150 million by offering 15 million units at $10, as expected.

Each unit consists of one share of common stock and one warrant to purchase one share of common stock at $11.50.

Monocle Acquisition plans to list on the Nasdaq under the symbol MNCLU. Cowen and Chardan Capital Markets acted as lead managers on the deal.

The article Blank check Monocle Acquisition prices $150 million IPO at $10 originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , IPOs

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