Chain Bridge I (CBRGU) Prices 20M Unit IPO at $10/unit

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Chain Bridge I Announces Pricing of $200 Million Initial Public Offering

November 9, 2021 7:42 PM EST

BURLINGAME, Calif.--(BUSINESS WIRE)-- Chain Bridge I (the Company), a special purpose acquisition company, today announced the pricing of its initial public offering of 20,000,000 units, at a price to the public of $10.00 per unit. The units are expected to begin trading on The Nasdaq Stock Market (Nasdaq) on November 10, 2021 under the symbol CBRGU. The offering is expected to close on November 15, 2021, subject to customary closing conditions.

Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share. Once the... More