NightDragon Acquisition Corp. (NDACU) Prices $300M IPO
NightDragon Acquisiton Corp. announced the pricing of its $300 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “NDACU,” on Tuesday, March 2
The new company aims to combine with a strong technology company in the cybersecurity, safety, security, and privacy. NightDragon is led by Chairman David G. DeWalt and Vice Chairman Mark Garrett alongside CEO and Corporate Secretary Morgan Kyauk and CFO Steve Simonian.
Total SPAC deal count for 2021 year-to-date is now 197. This offering is expected to close on Thursday, March 4.
Morgan Stanley & Co. LLC is acting as lead book-running manager. Drexel Hamilton, LLC is acting as co-manager. Wilson, Sonsini, Goodrich & Rosati LLP is serving as Issuer’s Counsel with Davis Polk & Wardwell LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. American Stock Transfer & Trust Company is acting as trustee.