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Telecom-focused SPAC Pensare Acquisition prices upsized $270 million IPO at $10

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Pensare Acquisition, a blank check company formed by a MasTec executive to acquire a wireless telecom business, raised $270 million by offering 27 million units at $10. It originally planned to offer 25 million units. Pensare Acquisition plans to list on the Nasdaq under the symbol WRLSU. EarlyBirdCapital acted as a lead manager on the deal.

The article Telecom-focused SPAC Pensare Acquisition prices upsized $270 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, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , 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.


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

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