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Merida Merger Corp. I Announces Pricing of USD$120 Million Initial Public Offering


Merida Merger Corp. I announced today that it priced its initial public offering of 12,000,000 units at USD$10.00 per unit. The units will commence trading November 5, 2019 on Nasdaq under the symbol “MCMJU” and are expected to commence trading on the Neo Exchange Inc.on or about November 8, subject to satisfying certain listing conditions, under the symbol “MMK.UN”. Each unit consists of one share of common stock of the Company, and one-half of one redeemable warrant with each whole Warrant entitling the holder to purchase one share of Common Stock at a price of USD$11.50 per share. Once the securities comprising the units begin separate trading, the Common Stock and Warrants are expected to be traded on Nasdaq under the symbols “MCMJ”, and “MCMJW” and on the NEO under the symbols “MMK.U” and “MMK.WT.U”, respectively. The offering is expected to close on or about November 7, 2019, subject to customary closing conditions.


You can read the full release here.


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