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Argand Partners SPAC Industrea Acquisition prices $200 million IPO at $10

July 26, 2017

Industrea Acquisition, a blank check company formed by Argand Partners to acquire an industrial business, raised $200 million by offering 20 million units at $10. Industrea Acquisition plans to list on the Nasdaq under the symbol INDUU. FBR Capital Markets and B. Riley & Co. acted as lead managers on the deal.