Streetbeat News

AITR

AI Transportation Acquisition Corp

Open

10.55

Mkt cap

83M

Volume

High

10.60

P/E Ratio

81.54

52-wk high

10.60

Low

10.55

Div yield

N/A

52-wk low

10.11

American Resources Corporation's subsidiary, American Metals LLC, has completed a business combination with AI Transportation Acquisition Corp, valuing the combined company at $170 million. American Metals aims to expand its preprocessing of end-of-life magnets, lithium-ion batteries, and ferrous metals to ensure a domestic supply chain for various materials.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:14 pm

AI Transportation Acquisition Corp has priced its initial public offering (IPO) of 6 million units at $10 per unit. The units, which will be listed on the Nasdaq Global Market under the ticker symbol 'AITRU', consist of one ordinary share and one right to receive one-eighth of one ordinary share upon consummation of an initial business combination. The ordinary shares and rights are expected to be listed on NASDAQ under the symbols 'AITR' and 'AITRR', respectively.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:49 am

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