Petra Acquisition Inc. (PAIC) Prices 7M Unit IPO at $10/Unit

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Petra Acquisition Inc. Announces Pricing of $70 Million Initial Public Offering

October 8, 2020 10:31 AM EDT

New York, NY, Oct. 08, 2020 (GLOBE NEWSWIRE) -- Petra Acquisition, Inc. (Nasdaq: PAICU) (the Company) announced today that its Registration Statement on Form S-1 (SEC File No. 333-240175) was declared effective by the Securities and Exchange Commission. The closing of the Companys initial public offering of 7,000,000 units is expected to occur on or about October 13, 2020. Each unit consists of one share of the Companys common stock, par value $.0001 per share (Common Stock), and one warrant, with each warrant entitling the holder to purchase one share of Common Stock... More