NEW YORK--(BUSINESS WIRE)--Endurance Acquisition Corp. (the “Company”) announced today that it priced its initial public offering of 20,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Capital Market and trade under the ticker symbol “EDNCU” beginning September 15, 2021. Each unit consists of one Class A ordinary share of the Company and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and redeemable warrants are expected to be listed on the Nasdaq Capital Market under the symbols “EDNC” and “EDNCW,” respectively.
Endurance Acquisition Corp. is a blank check company, incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. The Company intends to focus its search for a target business operating in data infrastructure and analytics, with a primary focus on space and wireless industries and related technology and services, or “space-based tech” businesses. These businesses can be found across the platforms and sensors, mobile communications, Internet of Things and artificial intelligence and big data analytics sectors.
Read Full Story: https://www.businesswire.com/news/home/20210914006212/en/Endurance-Acquisition-Corp.-Announces-Pricing-of-200000000-Initial-Public-Offering
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.