Iron Spark I Inc. (ISAA) Prices 15M Share IPO at $10/Sh

June 9, 2021 9:32 AM EDT

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

Iron Spark I Inc. (NASDAQ: ISAA) announced today that it priced its initial public offering of 15,000,000 shares of its Class A common stock at $10.00 per share. The shares are expected to be listed on the Nasdaq Capital Market and trade under the ticker symbol “ISAA” beginning today, June 9, 2021.

In addition, the underwriters have 45 days to exercise the over-allotment option to purchase an additional 2,250,000 shares offered by the Company to cover over-allotments, if any.

The offering is expected to close on June 11, 2021, subject to customary closing conditions.

Morgan Stanley is acting as sole book-running manager in the offering.

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on June 8, 2021. The offering is being made only by means of a prospectus, copies of which may be obtained by contacting Morgan Stanley & Co. LLC.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Equity Offerings, IPOs

Related Entities

Morgan Stanley, Definitive Agreement, IPO, SPAC