IPO for SPAC Nocturne Acquisition Corporation (MBTC) Opens at $10.01

March 31, 2021 10:58 AM EDT

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Today's IPO for SPAC Nocturne Acquisition Corporation (NASDAQ: MBTC) (NASDAQ: MBTCU) opened for trading at $10.01 after pricing 10,000,000 units at a price of $10.00 per unit.

Chardan is acting as sole book-running manager for the offering.

Nocturne Acquisition Corporation is a newly incorporated blank check company incorporated as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an acquisition opportunity in any industry or sector, the Company intends to focus its search for targets bringing to market disruptive technologies in the blockchain/crypto and artificial intelligence technology sectors. Equity value of potential targets is expected to be in the $300 million to $1 billion USD range.

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Chardan Capital Markets, Definitive Agreement, IPO, SPAC