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Astrea Acquisition Priced, Nasdaq: ASAXU

Blank check company targeting the hospitality and financial services sectors.

Industry: SPAC

Latest Trade: $9.84 +0.08 (+0.8%)

First Day Return: +2.3%

Return from IPO: -2.4%

Industry: SPAC

We are a blank check company. Our management team consists of experienced deal makers and investors. Our Chief Executive Officer, Felipe Gonzalez, is Chief Executive Officer of Strongrock Associates SL ("Strongrock"), a London-based investment office. Mr. Gonzalez focuses on the origination, underwriting and management of investments in industries across developed and developing markets. While we may pursue an acquisition opportunity in any business industry or sector, we intend to focus our efforts on sourcing and evaluating businesses in industries or sectors in which our management team has a broad and deep relationship network of private companies, and proven investment track record. Strongrock´s current investments are spread across the food and beverage/hospitality, financial services, technology, consumer, real estate and transportation sectors, and its team also has significant experience with sectors such as telecom and media and industrials. The following examples are representative of the industries we intend to initially focus on: Food, Beverage and Hospitality; and Financial Services and Technology. We believe these sectors will reap the benefits of the return to economic normalization as demand for more accessible financial services continues to increase.
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IPO News for Astrea Acquisition
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IPO Data
IPO File Date 01/11/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/03/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Key Biscayne, FL
Founded 2020
Employees 2