Analyst Research

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Provider: Reuters Investment Profile

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WL Ross Holding announces pricing of initial public offering

Friday, 6 Jun 2014 07:15am EDT 

WL Ross Holding Corp:Prices initial public offering of 43.5 mln units, each consisting of one share of its common stock and one warrant to purchase one-half of one share of its common stock at an offering price of $10.00 per unit.Proceeds of the offering will be used to fund such business combination.Units are expected to begin trading on June 6 on NASDAQ Stock Market under the symbol "WLRHU".Deutsche Bank Securities and BofA Merrill Lynch are acting as lead underwriters for the offering.