Data Knights Acquisition Corporation (DKDCU) Prices $100M IPO


Data Knights Acquisition Corporation (DKDCU) Prices $100M IPO

Data Knights Acquisition Corporation announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “DKDCU” Friday, May 7.

The new SPAC aims to combine with a company focused on data centers and internet technology sectors. Data Knights is led by Chairman and CEO Barry Anderson, and CFO Firdauz Edmin Bin Mokhta.

Total SPAC deal count for 2021 year-to-date is now 314. This offering is expected to close on Tuesday, May 11.

Kingswood Capital Markets is acting as the book-running manager of the offering. Nelson Mullins Riley & Scarborough LLP is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.