Monday, October 6, 2025

Latest

SPAC Chavant Capital Acquisition Seeks To Raise US$80 Million In IPO

Special purpose acquisition company Chavant Capital Acquisition Corp. went public on Nasdaq Capital Market today. The firm is looking to raise US$80.0 million through its initial public offering.

The offering consists of 8.0 million units priced at US$10.00 per unit. Each unit is composed of one common share and three-quarters of a purchase warrant. Each whole warrant is redeemable for one common share at US$11.50 per share.

The company units trade on the Nasdaq big board under the symbol “CLAYU”. Once the securities separate, the company shares and warrants will trade under the ticker symbols “CLAY” and “CLAYW”, respectively.

The proposed offering is being managed by Roth Capital Partners and Craig-Hallum Capital as joint bookrunners, which the company granted a 45-day over-allotment option to purchase additional 1.2 million company units.

The offering is expected to close on July 22, 2021, subject to customary closing conditions.

The newly-organized blank check company also relayed that it will be looking to transact with firms focused on advanced manufacturing and advanced materials technology sectors.


Information for this briefing was found via Sedar and Chavant Capital. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Multi-Billion Dollar Metals SPAC Deal Collapses Amidst Turbulent Negotiations

ACG Acquisition Co’s $1 billion metals deal, initially promising as it included a prominent global...

Friday, September 29, 2023, 12:18:00 PM

Smart Home Firm Snap One Launches US$291 Million IPO

Smart home integration firm Snap One Holdings announced today the launch of its initial public...

Monday, July 19, 2021, 11:23:00 AM

Crypto Aggregator Nukkleus To Be Taken Public In A SPAC Merger

Nukkleus, Inc. (OTC: NUKK) has announced a business combination agreement with the China-based special purpose...

Wednesday, February 23, 2022, 02:30:00 PM

Tech SPAC Aura FAT Projects Acquisition Prices US$100 Million IPO

Special purpose acquisition company Aura FAT Projects Acquisition Corp. (Nasdaq: AFARU) started trading its securities...

Thursday, April 14, 2022, 02:25:00 PM

Capco Founder-Led SPAC Motive Capital II Prices Upsized US$300 Million IPO

Special purpose acquisition company Motive Capital Corp II (NYSE: MTVC.U) went public today on the...

Tuesday, December 7, 2021, 02:22:00 PM