Orisun ORSNU = 1C, 1R, 1W (to purchase 1/2 share)

Done UK - UKOMW 

Ucommune Group Holdings Limited is China's leading agile office space manager and provider.


Edgar

‚Äč

Prospectus 8/5/19


2 W +$11.50 


Term 12 months extendable up to 21 at $0.10 per 3 month period.



NEW YORK, Aug. 2, 2019 /PRNewswire/ -- Orisun Acquisition Corp. (NASDAQ: ORSNU, the "Company") announced today that it priced its initial public offering of 4,000,000 units at $10.00 per unit. The units are expected to be listed on The NASDAQ Capital Market ("NASDAQ") and trade under the ticker symbol "ORSNU" beginning today, August 2, 2019. Each unit consists of one share of common stock, one warrant to purchase one half (1/2) of one share of common stock at a price of $11.50 per whole share, and one right to receive one-tenth (1/10) of a share of common share upon the consummation of an initial business combination. Once the securities comprising the units begin separate trading, the shares of common stock, warrants and rights will be traded on NASDAQ under the symbols "ORSN," "ORSNW," and "ORSNR," respectively.

The underwriters have been granted a 45-day option to purchase up to an additional 600,000 units offered by the Company to cover over-allotments, if any.

The offering is expected to close on August 6, 2019, subject to customary closing conditions.

Chardan is serving as sole book running managers in the offering.