10X Capital Venture Acquisition Corp. I (VCXAU) Prices $200M IPO


10X Capital Venture Acquisition Corp. I (VCXAU) Prices $200M IPO

Aug 10, 2021 IPOs by Marlena Haddad

10X Capital Venture Acquisition Corp. I announced the pricing of its $200 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “VCXAU”, Wednesday, August 11.

The new company intends to combine with a tech-enabled business in the consumer internet, ecommerce, software, healthcare and financial services industries that posses significant expansion opportunities. 10X Capital Venture I is led by Chairman and CEO Hans Thomas, COO and Head of Origination David Weisburd, CFO Guhan Kandasamy, and President and Head of Capital Markets Oliver Wriedt.

Total SPAC deal count for 2021 year-to-date is now 399. This offering is expected to close on Friday, August 13.

Cantor Fitzgerald & Co. is acting as the sole book-running manager for the offering. White & Case LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.