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10X Capital Venture Acquisition Corp Announces Closing of Underwriters’ Over-Allotment Option .
10X Capital Venture Acquisition CorpDecember 18, 2020 GMT
New York, NY, Dec. 18, 2020 (GLOBE NEWSWIRE) 10X Capital Venture Acquisition Corp (Nasdaq: VCVCU) (the “Company”) today announced the closing of the issuance of an additional 2,625,000 units pursuant to the exercise of the underwriters’ over-allotment option in full in connection with the Company’s initial public offering. The additional units were sold at the initial offering price of $10.00 per unit, generating additional gross proceeds of $26,250,000 to the Company and bringing the total gross proceeds of the initial public offering to $201,250,000.