Rocket Internet Growth Opportunities prices IPO at $10 per share

Rocket Internet Growth Opportunities prices IPO at $10 per share

March 23 (Reuters) – Rocket Internet’s tech-focused blank cheque company Rocket Internet Growth Opportunities said on Tuesday it priced its initial public offering (IPO) at $10 per share.

The company said it will sell each of the 25 million ordinary shares together with one fourth of a redeemable warrant to purchase another ordinary share for $11.50.

The shares in the Cayman Islands-based company will start trading on the New York Stock Exchange under the ticker symbol “RKTAU” from March 23, 2021. (Reporting by Zuzanna Szymanska in Gdansk, editing by Louise Heavens)

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