The Traderszone Network

Published in TZ Latest News 2 November, 2021 by The TZ Newswire Staff

McLaren Technology Acquisition Corp. Announces Pricing of $175,000,000 Initial Public Offering

Irvine, CA, Nov. 02, 2021 (GLOBE NEWSWIRE) — McLaren Technology Acquisition Corp. (the “Company”) announced today that it priced its initial public offering of 17,500,000 units at $10.00 per unit. The units will be listed on the Nasdaq Global Market (“Nasdaq”) and will begin trading tomorrow, Wednesday, November 3, 2021, under the ticker symbol “MLAIU”. Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share.

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