NEW YORK, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Quetta Acquisition Corporation (NASDAQ: QETAU, the "Company") announced today that it priced its initial public offering of 6,000,000 units at $10.00 per unit. The units are expected to be listed on the Nasdaq Global Market ("NASDAQ") and trade under the ticker symbol "QETAU" beginning today, October 5, 2023. Each unit consists of one share of common stock and one-tenth (1/10) of one right to receive one share of common stock upon the consummation of an initial business combination. Once the securities comprising the units begin separate trading, the common stock and rights are expected to be listed on NASDAQ under the symbols "QETA" and "QETAR", respectively.
EF Hutton, division of Benchmark Investments, LLC, is acting as sole book-running manager in the offering. Brookline Capital Markets, a division of Arcadia Securities, LLC, is acting as co-manager in the offering. The underwriter has been granted a 45-day option ...