Track Trident's shares on NASDAQ web site

News and announcements

June 11, 2018 - Trident Acquisitions Announces that Common Stock and Warrants to Trade Separately

Trident Acquisitions Corp. ("the Company" or "Trident") (NASDAQ:   TDACU),  a blank check company formed for the purpose of entering into a merger,  share exchange, asset acquisition, stock purchase, reorganization or  similar business combination with one or more businesses, today  announced that holders of the Company's units may elect to separately  trade the common stock and warrants included in its units commencing on  or about June 13, 2018.

 

The common stock and warrants will trade on  the NASDAQ Capital Market ("NASDAQ") under the symbols TDAC and TDACW,  respectively. Units not separated will continue to trade on NASDAQ under  the symbol TDACU. After separation, the common stock and warrants may  be recombined to create units. 

June 5, 2018 - Trident Acquisitions Closes Over-Allotment Option for an aggregate $201,250,000 IPO

Trident Acquisitions Corp. (NASDAQ:    TDACU),  a blank check company formed for the purpose of entering into a merger,  share exchange, asset acquisition, stock purchase, reorganization or  similar business combination with one or more businesses, completed the  sale of an additional 2,625,000 units pursuant to the 45-day  over-allotment option granted to the underwriters in its initial public  offering at an offering price of $10.00 per unit, generating additional gross proceeds of $26,250,000.

 

The total aggregate issuance by the Company of 20,125,000 units at a price of $10.00 per unit resulted in total gross proceeds of $201,250,000. 

May 29, 2018 - Trident Acquisitions Corp., an energy focused SPAC, prices its IPO

Trident Acquisitions Corp. (NASDAQ: TDACU), a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 17,500,000 units at an offering price of $10.00 per unit, before underwriting discounts and commissions. Each unit consists of one share of common stock and a warrant to purchase one share of common stock. Each whole warrant may be exercised at a price of $11.50 per share. The Company has granted the underwriter a 45-day option to purchase up to an additional 2,625,000 units at the initial public offering price to cover over-allotments, if any.

The units are expected to begin trading tomorrow, May 30, 2018 on the NASDAQ Capital Market under the ticker symbol "TDACU". Once the securities comprising the units begin separate trading, the common stock and warrants are expected to be listed on the NASDAQ under the symbols “TDAC” and “TDACW,” respectively.

Chardan is serving as sole book-running manager for the offering, and I-Bankers Securities, Inc. is serving as co-manager.  The Company has granted the underwriter a 45-day option to purchase up to an additional 2,625,000 units at the initial public offering price to cover over-allotments, if any.

May 29, 2018 - SEC clears Trident Acquisitions Corp. for its IPO

A registration statement on Form S-1 (333-223655) relating to Trident's securities was declared effective by the Securities and Exchange Commission on May 29th, 2018.  

March 14, 2018 - Energy SPAC Trident Acquisitions files for a $175 million IPO - NASDAQ

Trident Acquisitions, a blank check company formed to acquire an energy  company in Eastern Europe, filed on Wednesday with the SEC to raise up  to $175 million in an initial public offering.
 

The New York,  NY-based company plans to offer 17.5 million units at a price of $10.  At that price, Trident Acquisitions would command a market value of $230  million. Each unit consists of one share of common stock and one  warrant exercisable at $11.50/share.
 

The New York, NY-based  company was founded in 2016 and plans to list on the Nasdaq under the  symbol TDACU. Trident Acquisitions filed confidentially on May 3, 2016.  Chardan Capital Markets is the sole bookrunner on the deal. No pricing  terms were disclosed. 

March 14, 2018 - SEC receives Trident Acquisitions Corp. filing for its IPO

Official filing