Dallas SPAC begins trading as it seeks to raise $110 million in IPO

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Dallas SPAC begins trading as it seeks to raise $110 million in IPO
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Nubia Brand International, a blank check company, began offering 11 million shares at $10 each on Friday. It’s trading on Nasdaq under ticker symbol NUBIU.

Nubia Brand International began offering 11 million shares at $10 each on Friday. It’s trading on Nasdaq under ticker symbol NUBIU.A Dallas-based special acquisition company targeting the wireless telecommunications industry is looking to raise $110 million in an initial stock offering this week.

Nubia Brand International, a blank check company, began offering 11 million shares at $10 each on Friday. It’s trading on Nasdaq under ticker symbolIt hasn’t yet selected a company to acquire. Nubia is backed by wireless telecommunications firm Mach FM, which is led by CEO

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