Nubia Brand International Corp. (NUBIU) Prices Upsized $110M IPO


Nubia Brand International Corp. (NUBIU) Prices Upsized $110M IPO

Mar 10, 2022 IPOs by Marlena Haddad

Nubia Brand International Corp. announced the pricing of its upsized $110 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “NUBIU” Friday, March 11.

The new SPAC intends to identify it intends to focus its search on wireless telecommunications companies. Nubia Brand International Corp. is led by CEO Jaymes Winters, Chairman of the Board Nominee Alexander Monje, and CFO Vlad Prantsevich.

Total SPAC deal count for 2022 year-to-date is now 51. This offering is expected to close on Tuesday, March 15.

EF Hutton, a division of Benchmark Investments, LLC, is acting as sole representative of the offering’s underwriters. Loeb & Loeb LLP is serving as Issuer’s Counsel with Hogan Lovells US LLP serving as Underwriter’s Counsel. Marcum LLP serves as an auditor. Continental Stock Transfer & Trust Company is acting as trustee.