November 24, 2020
Business News

Cerberus Telecom Acquisition Corp. Announces Pricing of $250 Million Initial Public Offering

NEW YORK–()–Cerberus Telecom Acquisition Corp. (the “Company”) today announced the pricing of its initial public offering of 25,000,000 units at $10.00 per unit. The units will be listed on the New York Stock Exchange (“NYSE”) and trade under the ticker symbol “CTAC.U” beginning on October 22, 2020. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the NYSE under the symbols “CTAC” and “CTAC WS,”…

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