Markets BDCIU

BTC Development Announces Pricing Of IPO

September 30, 2025 — 09:53 am EDT

Written by RTTNews.com for RTTNews

(RTTNews) - BTC Development (BDCIU) announced the pricing of its initial public offering of 22 million units at a price of $10.00 per unit. The company's units will be listed on the Nasdaq Global Market under the symbol BDCIU and will begin trading on September 30, 2025. Each unit issued in the offering consists of one class A ordinary share of the company and one-fourth of one redeemable warrant, each whole warrant exercisable for one class A ordinary share at an exercise price of $11.50 per share. The closing of the offering is anticipated to take place on or about October 1, 2025.

BTC Development is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Markets
Stocks Mentioned
BDCIU

Latest Articles
Data is currently not available