ACE CONVERGENCE ACQUISITION (ACEVU)

ACE Convergence Acquisition prices $200M IPO (Pending:ACEVU)

ACE Convergence Acquisition (ACEVU) has priced its initial public offering of 20M units at $10/unit.The units will kick-off trading today on The Nasdaq Capital Market.Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at $11.50.