IPO for SPAC Data Knights Acquisition Corp. (DKDCA) Opens Flat

May 7, 2021 11:08 AM EDT

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Today's IPO for SPAC Data Knights Acquisition Corp. (NASDAQ: DKDCU) NASDAQ: DKDCA) opened for trading at $10 after pricing 10,000,000 units at $10.00 per unit.

The Company is a 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. While the Company may pursue an initial business combination target in any business or industry, it intends to focus its search on industries that complement its management team's background and to capitalize on the ability of its management team to identify and acquire a business focusing on the data centers and internet technology sectors where its management team has extensive experience. The Company is sponsored by Serba Dinamik Group Berhad; and led by Barry Anderson, the Company's Chairman of the Board and Chief Executive Officer, and Firdauz Edmin Bin Mokhtar, the Company's Chief Financial Officer.

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Definitive Agreement, IPO, SPAC