Trident Acquisitions, a blank check company formed to acquire an energy company in Eastern Europe, raised $175 million by offering 17.5 million units at $10, as expected. Each unit consists of one share of common stock and one warrant exercisable at $11.50/unit.
Trident Acquisitions plans to list on the Nasdaq under the symbol TDACU. Chardan Capital Markets acted as lead manager on the deal; I-Bankers was co-manager.
