Capitalworks Emerging Markets Acquisition Corp (CMCAU) Prices 20M Unit IPO at $10/unit

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Capitalworks Emerging Markets Acquisition Corp Announces Pricing of $200 Million Initial Public Offering

November 30, 2021 6:34 PM EST

NEW YORK, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Capitalworks Emerging Markets Acquisition Corp (the Company), a special purpose acquisition company, today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Global Market (Nasdaq) and will begin trading on December 1, 2021, under the ticker symbol CMCAU.

Each unit issued in the offering consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the... More