IPOs
By The Online Investor Staff, updated Sun., Aug. 19, 11:49 AM
| This Slide: #1 of 15 |
Slide #1. TKK Symphony Acquisition Corporation — Initial Public Offering
Company:
TKK Symphony Acquisition Corporation
Proposed Symbol:
TKKSU
Shares Offered:
22,000,000
Price Per Share:
$10.00
Over-Allotment:
3,300,000
Description:
TKK Symphony Acquisition Corporation (NASDAQ: TKKSU, the "Company") announced today that it priced its initial public offering of 22,000,000 units at $10.00 per unit on August 15, 2018. The units are expected to be listed on The NASDAQ Capital Market ("NASDAQ") and trade under the ticker symbol "TKKSU" beginning today. Each unit consists of one ordinary share, one warrant to purchase one half of one ordinary share at a price of $5.75 per half share, and one right to receive one-tenth of one ordinary share upon the consummation of the Company's initial business combination. Once the securities comprising the units begin separate trading, the ordinary shares, rights and warrants are expected to be listed on NASDAQ under the symbols "TKKS," "TKKSW," and "TKKSR," respectively. The underwriters have been granted a 45-day option to purchase up to an additional 3,300,000 units offered by the Company to cover over-allotments, if any.
