Tech SPAC Osprey Technology Acquisition prices upsized IPO
Osprey Technology Acquisition, the second blank check company led by Edward and Jonathan Cohen targeting the tech industry, raised $275 million by offering 27.5 million units at $10. The company upsized its share offering by 2.5 million units, raising $25 million more than anticipated. Osprey Technology Acquisition plans to list on the NYSE under the symbol SFTW.U. Credit Suisse acted as a lead manager on the deal.
The article Tech SPAC Osprey Technology Acquisition prices upsized IPO 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.
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