New Cannabis IPOs – Clover Leaf Prices $125M, Silver Spike Prices $150M

Two -related companies, Clover Leaf Capital and Silver Spike announced they are going public this week

Clover Leaf Capital Corp. (NASDAQ: CLOEU), a cannabis-oriented blank check company, announced on Monday the pricing of its initial public offering of 12.5 million units at a price of $10.00 per unit. The company was listed and started trading on the Nasdaq Capital Market under the ticker symbol “CLOEU” on July 20.

Under the offering, each unit comprises of one Class A share and one right to obtain one-eighth of one Class A share upon the consummation of the company’s original business combination. When the securities comprising the …

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More New Cannabis IPOs – Clover Leaf Prices $125M, Silver Spike Prices $150M