IPO for SPAC Endurance Acquisition Corp. (ENDC) Opens at $9.89

Today's IPO for SPAC Endurance Acquisition Corp. (NASDAQ: EDNC) (NASDAQ: EDNCU) opened for trading at $9.89 after pricing 20,000,000 units at $10.00 per unit.

Endurance Acquisition Corp. is a blank check company, incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. The Company intends to focus its search for a target business operating in data infrastructure and analytics, with a primary focus on space and wireless industries and related technology and services, or “space-based tech” businesses. These businesses can be found across the platforms and sensors, mobile communications, Internet of Things and artificial intelligence and big data analytics sectors.

Cantor Fitzgerald & Co is acting as sole book-running manager for the offering.

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