Kadem Sustainable Impact Corporation Files for Its IPO

According to paperwork filed with the SEC, Kadem Sustainable Impact Corporation has filed for its IPO. Moreover, this deal registers 20.125 million units of securities to trade on the NASDAQ under the ticker symbol KSICU. However, this number includes 2.65 million units that are issuable to underwriters in order to cover over-allotments, if any.

Furthermore, each units includes 1 share of Class A common stock and 1/2 of a redeemable warrant. Each warrant entitles its holder to buy 1 share of Class A common stock at a price of $11.50 each. However, this price is subject to adjustment as described in the prospectus. When units begin separate trading, warrants will trade under the ticker symbol KSICW. Shares of Class A common stock will trade under the ticker symbol KSI.

BMO Capital M...

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