New York, NY – March 3, 2016 – Cuttone & Company, the broker / dealer affiliate of The Alberleen Group (“TAG”), today announced the pricing of Jensyn Acquisition Corp.’s (Nasdaq: JSYNU) initial public offering and commencement of public trading. The initial public offering was of an aggregate of 3,900,000 units at $10.00 per unit. Each unit consists of one share of common stock and one warrant.
Cuttone & Company served as an underwriter and selling group member for this transaction. This transaction represents TAG’s first firm commitment underwriting for an IPO – an important milestone in TAG’s evolution.
Jensyn Acquisition Corp. is a special purpose acquisition company recently formed to acquire one or more operating businesses in the information technology consulting industry, including IT staffing, cloud computing, and managed services.