Data Knights Acquisition, a blank check company focusing on the data centers and internet technology sectors, raised $100 million by offering 10 million units at $10. Each unit consists of one share of common stock and one warrant, exercisable at $11.50.
The company is led by CEO and Chairman Barry Anderson, the CEO of Present D'Lloyd Technologies, and CFO Firdauz Mokhtar, who serves as SVP of Special Project for the Group CEO Office at Serba Dinamik. The company plans to leverage its management team's experience and target the data centers and internet technology sectors, focusing on businesses built on disruptive technologies and business platforms.
Data Knights Acquisition plans to list on the Nasdaq under the symbol DKDCU. Kingswood Capital Markets acted as a lead manager on the deal.
