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.
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