Reinvent Technology prices $600M IPO

Reinvent Technology prices $600M IPO
  • Reinvent Technology Partners (RTP) has priced its Stock Market IPO of 60M units at $10.00/unit. Each unit consists of one Class A ordinary share and one-fourth of one redeemable warrant, exercisable at $11.50.
  • The units will be listed on the NYSE and trade under the ticker symbol “RTP.U” beginning September 17.
  • Underwriter’s over-allotment is additional 9M units.
  • Morgan Stanley is acting as sole book-running manager.
  • Previously: Reinvent Technology Partners files for $600M Stock Market IPO (Sept. 1)

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Market news summary from Seeking Alpha Market News.
Author: RTP

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