IPO for SPAC Build Acquisition Corp. (BGSX) Opens at $10

March 17, 2021 10:55 AM EDT

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Today's IPO for SPAC Build Acquisition Corp. (NYSE: BGSX) (NYSE: BGSX-U) opened for trading at $10 after pricing 20,000,000 units at a price of $10.00 per unit.

Cowen and Allen & Company LLC are acting as joint book-running managers for the offering.

Build Acquisition Corp., led by Lanham Napier, Zeynep Young and Tanner Cerand as well as board members Noam Ohana, Owen Van Natta and James C. Weaver, is a newly incorporated blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in the software and technology-enabled services industries in North America.

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Cowen & Co, Definitive Agreement, IPO, SPAC