American Exceptionalism Sets IPO Price at $10 per Share for 30 Million Shares
The Company is led by Chamath Palihapitiya, the founder and Managing Partner of Social Capital, and is formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company intends to focus on businesses operating in the energy production, artificial intelligence, decentralized finance and defense industries. Santander is acting as sole book-running manager.