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Chain Bridge I Priced, Nasdaq: CBRGU

Blank check company targeting technology that could translate to the national security arena.

Industry: SPAC

Latest Trade: $10.75 +0.72 (+7.2%)

First Day Return: +0.6%

Return from IPO: +0.3%

Industry: SPAC

We are a blank check company. We intend to focus our efforts in identifying a prospective target company possessing emerging, innovative technology that can help the U.S. government and its allies successfully compete in the national security arena. While we may pursue an acquisition opportunity in any business, industry, sector or geography, we intend to focus on industries that align well with the relationships and experience of our management team, board of directors and advisors. We will seek to capitalize on the exceptional operating and investing experience, national security expertise and vast relationship network of our management team, board of directors and advisors. We will look for companies that have attractive growth-oriented characteristics and will help the U.S. government and the private sector alike, advance in the following areas: Artificial Intelligence and Machine Learning; Autonomous Systems; Bio-defense, Biomaterials and Biotechnology; Security, particularly Cybersecurity; Digital Intelligence and Data; Intelligent Connectivity; Microelectronics; and Trusted Infrastructure.
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IPO Data
IPO File Date 03/19/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/09/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
TD Cowen
Wells Fargo Securities
Company Data
Headquarters Burlingame, CA, United States
Founded 2021
Employees 2

Chain Bridge I (CBRGU) Performance