Monocle Acquisition, a blank check company formed to acquire an aerospace & defense or industrial business, raised $150 million by offering 15 million units at $10, as expected.
Each unit consists of one share of common stock and one warrant to purchase one share of common stock at $11.50.
Monocle Acquisition plans to list on the Nasdaq under the symbol MNCLU. Cowen and Chardan Capital Markets acted as lead managers on the deal.
