Helix Acquisition Corp. II Prices Upsized $160M Initial Public Offering Of 16M Cass A Ordinary Shares At $10/Share
Portfolio Pulse from Benzinga Newsdesk
Helix Acquisition Corp. II has announced the pricing of its upsized initial public offering (IPO) of 16 million Class A ordinary shares at $10 per share. The shares will be listed on The Nasdaq Global Market under the ticker symbol 'HLXB' and are expected to begin trading today, with the offering set to be consummated on February 13, 2024.
February 09, 2024 | 12:37 pm
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Helix Acquisition Corp. II prices its IPO at $10/share for 16M shares, trading under 'HLXB' on Nasdaq, with trading starting today and finalization on Feb 13, 2024.
The announcement of an upsized IPO and the commencement of trading typically generate positive investor sentiment, likely leading to an initial uptick in the stock price due to increased demand. The pricing at $10 per share and the listing on a reputable exchange like Nasdaq further bolster investor confidence.
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IMPORTANCE 90
RELEVANCE 100