Pompliano-led crypto-focused SPAC gains 7% on Nasdaq after upsized IPO

Crypto influencer Anthony Pompliano’s fintech-focused blank-check company, ProCap Acquisition Corp (PCAPU), rose 7% on its debut Nasdaq listing after a last-minute upsizing of its initial public offering. ProCap had boosted its IPO from $200 million to $220 million on May 20, a day before its public launch, pricing its 22 million shares on offer at $10 each. ProCap shares closed the May 21 trading day up 7% at $10. 70, which continued with a 1 source: https://cointelegraph.com/news/anthony-pompliano-spac-rises-7-percent-nasdaq-upsized-ipo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound