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Novo Tellus Alpha Acquisition opens at $5, ends debut trading day at $4.86

Felicia Tan
Felicia Tan1/27/2022 09:14 AM GMT+08  • 2 min read
Novo Tellus Alpha Acquisition opens at $5, ends debut trading day at $4.86
It closed the day at $4.86
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Units in Novo Tellus Alpha Acquisition (NTAA) spac opened at $5 on its first day of trading on the Singapore Exchange (SGX), flat from its offering price.

However, it ended the day at $4.86.

The spac, which is backed by Novo Tellus Capital Partners, registered its IPO on Jan 20 and offered 10 million offer units at $5 apiece.

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