IPO for SPAC Innovative International Acquisition Corp. (IOAC) Opened at $10.08

Today's IPO for SPAC Innovative International Acquisition Corp. (NASDAQ: IOACU) (NASDAQ: IOAC) opened for trading at $10.08 after priding 20,000,000 units at $10.00 per unit.

The Company is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The focus of the team is to pursue a business combination within the consumer technology, healthcare, information technology services or enterprise software as a service (SaaS) sector. The management team is led by Dr. Mohan Ananda, Madan Menon, and Elaine Price.

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

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