05:05 AM EDT, 03/21/2024 (MT Newswires) -- Black Hawk Acquisition (BKHAU) said late Wednesday it priced an initial public offering of 6.9 million units at $10 per unit

Each unit consists of one class A ordinary share and one-fifth of one right to receive one class A ordinary share at the completion an initial business combination, the blank-check company said.

The units are expected to debut on the Nasdaq Global Market under the ticker "BKHAU" on Thursday. Once the securities start separate trading, the class A shares and rights are expected to be listed on Nasdaq under the symbols "BKHA" and "BKHAR," respectively, the company said.

The underwriters have a 45-day option to buy up to roughly 1 million additional units to cover over-allotments. The offering is scheduled to close on Friday.