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Stock impact report

Software Acquisition Group Inc. Announces Pricing of $130,000,000 Initial Public Offering

Software Acquisition Group Inc. (SAQNU) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Software Acquisition Group Inc. (the “Company”) announced today that it priced its initial public offering of 13,000,000 units, at $10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and will begin trading tomorrow, Wednesday, November 20, 2019, under the ticker symbol “SAQNU.” Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “SAQN” and “SAQN W,” respectively.The offering is expected to close on November 22, 2019, subject to customary closi Show less Read more
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