Clover Leaf Capital Corp. announces initial public offering price of US$125 million – QNT Press Release

Miami, Florida, July 19, 2021 (Global News Agency) – Clover Capital Corporation (NASDAQ:Klohe) (“Clover Leaf” or “Company”) today announced its initial public offering price of 12,500,000 units at a price of $10.00 per unit. These units are expected to be listed on the Nasdaq Capital Market (“NASDAQ”) on July 20, 2021 and will be traded under the stock symbol “CLOEU”. Each unit consists of one Class A common stock and one eighth (1/8) share of Class A common stock after the completion of the initial business combination of a company. Once the securities that make up the unit begin to trade separately, Class A common stocks and rights stocks are expected to be traded on the Nasdaq under the symbols “CLOE” and “CLOER”, respectively.

Maxim Group LLC acted as the sole bookrunner for this issue.

The company has granted the underwriters a 30-day option to purchase up to 1,875,000 additional units at the initial public offering price to cover…

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