NEW YORK–(BUSINESS WIRE)–Iron Spark I Inc. (NASDAQ: ISAA) announced today that it priced its initial public offering of 15,000,000 shares of its Class A common stock at $10.00 per share. The shares are expected to be listed on the Nasdaq Capital Market and trade under the ticker symbol “ISAA” beginning today, June 9, 2021.
In addition, the underwriters have 45 days to exercise the over-allotment option to purchase an additional 2,250,000 shares offered by the Company to cover over-allotments, if any.
The offering is expected to close on June 11, 2021, subject to customary closing conditions.
Morgan Stanley is acting as sole book-running manager in the offering.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Iron Spark I Inc.
Iron Spark I Inc. is a newly incorporated blank check company incorporated as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Although there is no restriction or limitation on what industry or geographic region our target operates in, it is our intention to pursue prospective targets that are consumer brands with an enterprise value between $750 million and $3 billion.
