SDCL EDGE Acquisition Corporation (the “Company”) (NYSE: SEDA.U), a newly formed special purpose acquisition company, today announced that the underwriters of its previously announced initial public offering of units consisting of one Class A ordinary share of the Company, par value $0.0001 per share (the “Class A Ordinary Shares”), and one-half of one redeemable warrant of the Company (each, a “Warrant”), each whole Warrant entitling the holder thereof to purchase one Class A Ordinary Share for $11.50 per share (following the later of 30 days after the completion of the Company's initial business combination and 12 months from the closing of the Company's initial public offering), exercised their option to purchase an additional 2,495,246 units at the public offering price of $10.00 per unit, resulting in additional gross proceeds of approximately $24,952,460.
SDCL EDGE Acquisition Corporation Announces Closing of Partial Exercise of IPO Overallotment Option
Nov 17, 2021
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