Atlantic Coastal Acquisition Corp. (the “Company”) announced today that it has issued an additional 4,500,000 units pursuant to the full exercise of the underwriters’ over-allotment option in connection with its recently completed initial public offering. The additional issuance was priced at $10.00 per unit, generating additional gross proceeds of $45,000,000 and bringing the total gross proceeds of the initial public offering to $345,000,000.
Atlantic Coastal Acquisition Corp. Announces Closing of Underwriters' Full Exercise of Over-Allotment Option and the Separate Trading of Its Shares of Class A Common Stock and Warrants Commencing April 26, 2021
Apr 23, 2021
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