Welsbach Technology Metals Acquisition Corp. (WTMAU) Prices $75M IPO

Welsbach Technology Metals Acquisition Corp. announced the pricing of its $75 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “WTMAU” Tuesday, December 28.

The new SPAC intends to concentrate its search efforts on targets in the technology metals and energy transition materials industry. Welsbach Technology Metals is led by CEO and Chairman Daniel Mamadou, COO Christopher Clower, CFO John Stanfield, and VP Sergey Marchenko.

Total SPAC deal count for 2021 year-to-date is now 612. This offering is expected to close on Thursday, December 30.

Chardan is acting as sole book-running manager of the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Hunter Taubman Fischer & LI LLC serving as Underwriter’s Counsel. UHY LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.