AI Transportation Acquisition Corp Announces Pricing of $60,000,000 Initial Public Offering
NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- AI Transportation Acquisition Corp (NASDAQ: AITRU, the “Company”) announced today that it priced its initial public offering of 6,000,000 units at $10.00 per unit.
- NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- AI Transportation Acquisition Corp (NASDAQ: AITRU, the “Company”) announced today that it priced its initial public offering of 6,000,000 units at $10.00 per unit.
- The units are expected to be listed on the Nasdaq Global Market (“NASDAQ”) and trade under the ticker symbol “AITRU” beginning November 9, 2023.
- Each unit consists of one ordinary share and one right to receive one-eighth (1/8) of one ordinary share upon consummation of an initial business combination.
- Brookline Capital Markets, a division of Arcadia Securities, LLC, is acting as co-manager in the offering.