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Bannix Acquisition Priced, Nasdaq: BNIX

Blank check company targeting a B2B enterprise software business (pending: VisionWave Technologies).

Industry: SPAC

Latest Trade: $11.04 0.00 (0.0%)

First Day Return: +1.2%

Return from IPO: +10.4%

Industry: SPAC

We are a blank check company incorporated in Delaware formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. Although we are not limited to a particular industry or geographic region for purposes of consummating an initial business combination, we intend to we intend to focus on B2B enterprise software companies, particularly those operating in the customer engagement space within the telecommunications, retail and financial services industries in North America and Western Europe, ideally those with a recurring revenue model and an overall transaction value of at least $400 million. We have not identified any acquisition target and we have not, nor has anyone on our behalf, initiated any discussions to identify any acquisition target. From the date of our formation through the date of this prospectus, there have been no communications or discussions between any of our officers, directors or our sponsors and any of their contacts or relationships regarding a potential initial business combination with our company.
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IPO Data
IPO File Date 02/19/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 6.0
Deal Size ($mm) $60
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/10/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 6.0
Deal Size ($mm) $60
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
I-Bankers Securities
Company Data
Headquarters Woodcliff Lake, NJ, United States
Founded 2021
Employees 3

Bannix Acquisition (BNIX) Performance