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Northern Revival Acquisition (Noble Rock) Priced, Nasdaq: NRAC

Blank check company formed by Noble Rock Advisors targeting the software and tech-enabled services sectors (pending: Braiin Limited)

Industry: SPAC

Latest Trade: $11.01 0.00 (0.0%)

First Day Return: +2.5%

Return from IPO: +10.1%

Industry: SPAC

We are a newly organized blank check company. While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we intend to focus on industries that complement our management team’s background and to capitalize on the ability of our management team and the broader Noble Rock Advisors (defined below) platform to identify, acquire and operate a business in the software and tech-enabled services sectors. We will seek to acquire one or more businesses with an aggregate enterprise value between $750 million and $3 billion. Noble Rock Advisors, Inc. ("Noble Rock Advisors") is a Boston-based investor focused on market-leading technology companies in the software and tech-enabled services sectors with a deep focus on business-to-business software, business-to-business-to-consumer software, and tech-enabled services. Our management team, directors and advisors, together with Noble Rock Advisors, have over 60 years of experience investing in technology companies. We believe our management team’s experience and track record, along with Noble Rock Advisors’ disciplined direct sourcing and thematic market research approach, are differentiated and will enable us to successfully identify and execute an initial business combination.
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IPO Data
IPO File Date 01/12/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 21.0
Deal Size ($mm) $210
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/01/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 21.0
Deal Size ($mm) $210
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Stifel
Oppenheimer & Co.
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Company Data
Headquarters Wilmington, DE, United States
Founded 2020
Employees 2
Website www.nraccorp.com

Northern Revival Acquisition (Noble Rock) (NRAC) Performance