Parsec Capital Acquisitions Corp. (PCXCU) Prices $75M IPO


Parsec Capital Acquisitions Corp. (PCXCU) Prices $75M IPO

Parsec Capital Acquisitions Corp. announced the pricing of its $75 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PCXCU” Wednesday, October 6.

The Company intends to focus on the space economy, transportation and technology adjacent industries. Parsec Capital is led by Chairman and CEO Patricia Trompeter along with CFO Paul Haber.

Total SPAC deal count for 2021 year-to-date is now 454. This offering is expected to close on Friday, October 8.

EF Hutton, a division of Benchmark Investments, LLC, is serving as the sole book running manager for the offering.  Sichenzia Ross Ference LLP is serving as Issuer’s Counsel with Nelson Mullins Riley & Scarborough LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.