3.0
Feb 17, 2021
Recommend
CEO approval
Business Outlook
Pros
The offer comprises units at €10 per unit, with each unit consisting of one ordinary share and an eighth of a warrant at IPO, and another eighth of a warrant to be received upon completion of a business combination. The strike price is US$11.50, to be exercised within five years of a business combination.
Cons
That was the case for UK-based SPAC Centricus Acquisition, whichwrapped up an upsized US$300m US IPO on Wednesday and saw its shares tick up slightly on their Nasdaq debut on Thursday morning.