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Tech SPAC Osprey Technology Acquisition prices upsized IPO

October 31, 2019
BlackSky Technology (Osprey Technology Acquisition) logo

Osprey Technology Acquisition, the second blank check company led by Edward and Jonathan Cohen targeting the tech industry, raised $275 million by offering 27.5 million units at $10. The company upsized its share offering by 2.5 million units, raising $25 million more than anticipated. Osprey Technology Acquisition plans to list on the NYSE under the symbol SFTW.U. Credit Suisse acted as a lead manager on the deal.