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Bluerock Acquisition opens at $10.01, IPO priced at $10 per unit

Bluerock Acquisition (BLRK) Corp., a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, priced 15M units at $10 per unit. The units are listed on The Nasdaq Global Market under the ticker symbol “BLRKU”. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. Only whole warrants will be exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “BLRK” and “BLRKW,” respectively. Cantor Fitzgerald is acting as the sole book-running manager for the offering.

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