HORIU - Emerging Markets Horizon prices IPO of 25M units at $10

Emerging Markets Horizon (HORI) has priced of its initial public offering of 25M units at $10/unit. The trading commences today on Nasdaq under the ticker symbol (NASDAQ:HORIU). Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50/share. The Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols (HORI) and (HORIW) respectively. The offering is expected to close on December 13, 2021, subject to customary closing conditions. The underwriters have been granted a 45-day option from the date of the final prospectus to purchase up to an additional 3.75M units at the initial public offering price.

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Emerging Markets Horizon prices IPO of 25M units at $10