Roberts & Ryan Investments Inc. is proud to have been named a co-manager on the ShoulderUp Technology Acquisition Corp’s upsized IPO.
ShoulderUp Technology Acquisition Corp (SUAC.U) is a newly incorporated blank check company led by industry veterans. While SUAC.U may pursue an acquisition in any business industry or sector, SUAC.U intends to focus its efforts identifying businesses in technology and cybersecurity. SUAC.U intends to focus on companies that have powerful and differentiated relationships with their customers, and that have market-leading insight into how their consumers live, what they need, and how to communicate with them effectively. These companies may serve both domestic and international customers
ShoulderUp Technology Acquisition priced its upsized IPO of 26.5 million units at $10 each, an increase of 1.5 million units more than initially registered in October.
Citigroup is sole book-runner and representative of the underwriters. Siebert Williams Shank and Roberts & Ryan Investments are co-managers. The under-writers may purchase up to 3.5 million additional units to cover over-allotments, if any.
Units list on the NYSE under SUAC.U. Each consists of one share and one-half of a warrant.
Congratulations to ShoulderUp Technology Acquisition Corp’s CEO Phyllis Newhouse, an #armyveteran , Grace Vandecruze, their CFO, and the entire ShoulderUp team!