Jensyn Acquisition, a blank check company formed to acquire an IT consulting business, raised $39 million by offering 3.9 million units at $10.
It had originally planned to raise $40 million by offering 4 million units. As a blank check company, Jensyn Acquisition does not count toward our IPO stats.
Jensyn Acquisition plans to list on the Nasdaq under the symbol JSYNU. Chardan Capital Markets acted as a lead manager on the deal.