Relativity Acquisition prices $125M IPO, trading starts today
By Khyathi Dalal, Relativity Acquisition (RACY) priced its 12.5M IPO units at $10/unit; each unit consists of one share and one redeemable warrant; each warrant holder is entitled to purchase one share at $11.5/share. The units are expected to trade on Nasdaq under the symbol, “RACYU” starting today. Underwriters granted 45-day option to purchase up to 1.88M units[…]