OTG Acquisition Corp. I Warrant (OTGAW)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
OTGAW Chart
OTG Acquisition Corp. I Warrant Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TC Thomas Cagna Sandia Investment Management LP | 25,000 | $251.75 | $9,250 | $8,998.25 | 3,574.28% |
| BO Brian Oliveira Clear Street Group Inc. | 341,324 | $109,223.72 | $126,289.88 | $17,066.16 | 15.62% |
OTG Acquisition Corp. I Warrant (OTGAW) FAQ
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OTG Acquisition Corp. I Warrant Profile
| Capital Markets Industry | Financials Sector | Scott Joseph Troeller CEO | NASDAQ (NMS) Exchange | G6791A126 CUSIP |
| US Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
OTG Acquisition Corp. I is a special purpose acquisition company (SPAC) that recently conducted its initial public offering (IPO). This company is focused on merging with or acquiring an existing entity, thereby facilitating its entry into the public market. A unique feature of the offering is the issuance of redeemable warrants, which enhance the investment appeal of the units provided during the IPO. These units consist of one Class A ordinary share paired with half of a warrant, providing investors with strategic opportunities in the growing financial landscape.
Products and Services
- Redeemable Warrants
These financial instruments, issued alongside the IPO, allow investors to purchase additional Class A ordinary shares at an exercise price of US$11.50. This price point incentivizes potential future investments, as holders of the warrants can benefit from the company’s growth and increase in share value post-merger.
- Units
The units consist of one Class A ordinary share and one-half of a warrant. This dual offering structure provides a blended tool for investors, giving them both equity in the form of shares and a derivative opportunity through the warrants. The combination is designed to attract a broad spectrum of investors by offering a buffered risk option.
