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Specialized tech SPAC Aries I Acquisition prices $125 million IPO

Aries I Acquisition, a blank check company targeting specialized fields in the tech sector across North America, Europe, and Asia, raised $125 million by offering 12.5 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. The company had previously filed to offer 17.5 million units before revising the terms...read more

Specialized tech-focused SPAC Aries I Acquisition lowers unit offering by 29% ahead of $125 million IPO

Aries I Acquisition, a blank check company targeting specialized fields in the tech sector across North America, Europe, and Asia, lowered the proposed deal size for its upcoming IPO on Tuesday. In its latest filing, the company also removed Needham & Co. as an underwriter and added Kingswood Capital Markets. The Cayman Islands-based company now plans to raise $125...read more

Specialized tech SPAC Aries I Acquisition files for a $175 million IPO

Aries I Acquisition, a blank check company targeting specialized fields in the tech sector across North America, Europe, and Asia, filed on Wednesday with the SEC to raise up to $175 million in an initial public offering. The Cayman Islands-based company plans to raise $175 million by offering 17.5 million units at $10. Each unit consists of one share of common stock and...read more

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