Lucosky Brookman congratulates its client, EF Hutton, division of Benchmark Investments, LLC, on its successful $100 million initial public offering of Energem Corp. (Nasdaq: ENCPU). The offering consists of 10,000,000 units at $10.00 per unit. Each unit consists of one the Company’s Class A ordinary shares and one redeemable warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. 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 “ENCP” and “ENCPW,” respectively.
