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Voyager Acquisition Prices $220 Million IPO
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Voyager Acquisition Prices $220 Million IPO
Aug 9, 2024 1:36 AM

04:16 AM EDT, 08/09/2024 (MT Newswires) -- Voyager Acquisition Corp. said Thursday that it priced its initial public offering of 22 million units at $10 per unit for gross proceeds of $220 million.

Each unit consists of one Class A ordinary share and one-half of a redeemable warrant. The units are expected to be listed on the Nasdaq Global Market and trade under the ticker symbol "VACHU" from Friday.

Once the securities comprising the units start trading separately, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "VACH" and "VACHW", respectively.

The company also granted the underwriters a 45-day option to buy up to an additional 3.3 million units to cover possible over-allotments. The offering is expected to close Aug. 12.

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