NetworkNewsBreaks — Quetta Acquisition Corporation (NASDAQ: QETAU) Closes on $69M Initial Public Offering
Quetta Acquisition (NASDAQ: QETAU), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, has closed its initial public offering. The offering consisted of 6,900,000 units at $10 per unit, including 900,000 units offered by Quetta to cover overallotments; those were fully exercised by the underwriters of the offering. According to the announcement, each unit consists of one share of common stock and one-tenth of one right to receive one share of common stock upon the completion of an initial business combination. The units began trading on…







