InterPrivate SPAC raises $210m in IPO

InterPrivate Acquisition Corp. announced its initial public offering under the symbol IPV.U with 21 million shares valued at $210 million earlier this week.

Officials started trading on the New York Stock Exchange on February 4 and each unit consists of one share of common stock and one-half of one redeemable warrant, with each whole warrant entitling the holder to buy one share of common stock at $11.50 per share. Once the securities comprising the units begin separate trading, the common stock and warrants to be traded under the symbols IPV and IPV WS, respectively . . .

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