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Blank check company Draper Oakwood prices $50 million IPO at $10

September 15, 2017
Reebonz Holding (Draper Oakwood Technology Acquisition) logo

Draper Oakwood Technology Acquisition, a blank check company formed by Draper Oakwood to acquire a venture-backed tech company, raised $50 million by offering 5 million units at a price of $10. Draper Oakwood Technology Acquisition plans to list on the Nasdaq under the symbol DOTAU. EarlyBirdCapital acted as a lead manager on the deal.