New York, New York, Jan. 16, 2025 (GLOBE NEWSWIRE) — Ribbon Acquisition Corp (NASDAQ:RIBBU, the “Company”)) today announced the closing of its initial public offering (“IPO”) of 5,000,000 units at an offering price of $10.00 per unit. Each unit consists of one Class A ordinary share and one right to receive one-seventh (1/7) of one Class A ordinary share upon the consummation of an initial business combination.
The units are listed on The NASDAQ Capital Market (“NASDAQ”) and began trading under the ticker symbol “RIBBU” on January 15, 2025. Once the securities comprising the units begin separate trading, the ordinary share and rights are expected to be listed on NASDAQ under the symbols “RIBB” and “RIBBR,” respectively.
A.G.P./Alliance Global Partners acted as sole book-running manager for the offering. The Benchmark Company, LLC acted as the co-manager for the offering.
The Company has granted the underwriters a 45-day option to purchase up to 750,000 units at the initial public offering price to cover over-allotments, if any.
Sichenzia Ross Ference Carmel LLP served as legal counsel to the Company and Loeb & Loeb LLP served as legal counsel to A.G.P./Alliance Global Partners …
Full story available on Benzinga.com
New York, New York, Jan. 16, 2025 (GLOBE NEWSWIRE) — Ribbon Acquisition Corp (NASDAQ:RIBBU, the “Company”)) today announced the closing of its initial public offering (“IPO”) of 5,000,000 units at an offering price of $10.00 per unit. Each unit consists of one Class A ordinary share and one right to receive one-seventh (1/7) of one Class A ordinary share upon the consummation of an initial business combination.
The units are listed on The NASDAQ Capital Market (“NASDAQ”) and began trading under the ticker symbol “RIBBU” on January 15, 2025. Once the securities comprising the units begin separate trading, the ordinary share and rights are expected to be listed on NASDAQ under the symbols “RIBB” and “RIBBR,” respectively.
A.G.P./Alliance Global Partners acted as sole book-running manager for the offering. The Benchmark Company, LLC acted as the co-manager for the offering.
The Company has granted the underwriters a 45-day option to purchase up to 750,000 units at the initial public offering price to cover over-allotments, if any.
Sichenzia Ross Ference Carmel LLP served as legal counsel to the Company and Loeb & Loeb LLP served as legal counsel to A.G.P./Alliance Global Partners …
Full story available on Benzinga.com
New York, New York, Jan. 16, 2025 (GLOBE NEWSWIRE) — Ribbon Acquisition Corp (NASDAQ:RIBBU, the “Company”)) today announced the closing of its initial public offering (“IPO”) of 5,000,000 units at an offering price of $10.00 per unit. Each unit consists of one Class A ordinary share and one right to receive one-seventh (1/7) of one Class A ordinary share upon the consummation of an initial business combination.
The units are listed on The NASDAQ Capital Market (“NASDAQ”) and began trading under the ticker symbol “RIBBU” on January 15, 2025. Once the securities comprising the units begin separate trading, the ordinary share and rights are expected to be listed on NASDAQ under the symbols “RIBB” and “RIBBR,” respectively.
A.G.P./Alliance Global Partners acted as sole book-running manager for the offering. The Benchmark Company, LLC acted as the co-manager for the offering.
The Company has granted the underwriters a 45-day option to purchase up to 750,000 units at the initial public offering price to cover over-allotments, if any.
Sichenzia Ross Ference Carmel LLP served as legal counsel to the Company and Loeb & Loeb LLP served as legal counsel to A.G.P./Alliance Global Partners …Full story available on Benzinga.com Read MoreNews, RIBBU, IPOs, Press Releases IPOs
