Indigo Acquisition Corp. (INACU) said late Wednesday it has closed its initial public offering of 10 million units at $10 each, raising $100 million for the blank check company.
Each unit comprises of one share and a right to receive a tenth of a share upon the completion of an initial business combination.
The units began trading on Nasdaq July 1.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.