Viscogliosi Brothers Acquisition Corp. announced that it closed its initial public offering of 7,500,000 units at $10.00 per unit. Each unit consists of one share of common stock and one half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of common stock at a price of $11.50 per whole share, subject to adjustment.
The units are listed on the NASDAQ Global Market and began trading under the ticker symbol “VBOCU” on January 7, 2022. Once the securities comprising the units begin separate trading, the common stock and warrants are expected to be listed on NASDAQ under the symbols “VBOC,” and “VBOCW,” respectively.
Raymond James & Associates, Inc. acted as sole book-running manager in the offering. The underwriters have been granted a 45-day option to purchase up to an additional 1,125,000 units from the Company to cover over-allotments if any.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on January 6, 2022. The offering was made only by means of a prospectus, copies of which may be obtained by contacting Raymond James & Associates, Inc., 880 Carillon Parkway, St. Petersburg, FL 33716 Attention: Equity Syndicate, 1-800-248-8863 or prospectus@raymondjames.com. Copies of the registration statement can be accessed through the SEC’s website.
This news 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.
