Today's IPO for SPAC Mars Acquisition Corp. (MARX) (MARXU) opened for trading at $10.16 after pricing 6,000,000 units at an offering price of $10.00 per unit.
Maxim Group LLC is acting as the sole book-running manager for the offering.
Mars Acquisition Corp. is a Cayman Islands exempted company incorporated as a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.