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Share this article Share this article NEW YORK, Jan. 26, 2021 /PRNewswire/ North Atlantic Acquisition Corporation ( NAAC or the Company ), today closed its initial public offering of 37,950,000 units at a price of $10.00 per unit.  This closing included the upsizing of the transaction, as well as the full exercise of the underwriters over-allotment option.  Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement of warrants, $379,500,000 (or $10.00 per unit sold in the public offering) was placed in the Company s trust account.  The units are listed on the Nasdaq Capital Market ( Nasdaq ) and commenced trading under the ticker symbol NAACU on January 22, 2021.  Each unit consists of one Class A ordinary share and one-third of one redeemable warrant.  Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to readjustment. Only whole warrants

New yorkUnited statesDimitri panayotopoulosPatrick doranAndrew morganTamara sakovskaGary quinBritish american tobaccoEquity syndicate departmentEllenoff grossman scholeNomination committeePrnewswire north atlantic acquisition corporationInformation resources incLogitech internationalAirways therapeutics incCredit suisse