Chain Bridge I Announces Full Exercise of Underwriters' Over-Allotment Option and Closing of $230 Million Initial Public Offering

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Nov 15, 2021

Chain Bridge I (the “Company”), a special purpose acquisition company, today announced the closing of its initial public offering of 23,000,000 units, including 3,000,000 units issued pursuant to the underwriters’ exercise in full of their over-allotment option. The offering was priced at $10.00 per unit, generating total gross proceeds of $230 million.