Duddell Street Acquisition Corp. Announces Pricing of $175 Million Initial Public Offering

HONG KONG--(BUSINESS WIRE)--Duddell Street Acquisition Corp. (the “Company”) today announced the pricing of its initial public offering of 17,500,000 units at a price of $10.00 per unit. The units are expected to be listed for trading on the Nasdaq Capital Market under the ticker symbol “DSACU” beginning October 29, 2020. Each unit consists of one of the Company’s Class A ordinary shares and one-half of one redeemable warrant. Each whole warrant entitles 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 Company expects that its Class A ordinary shares and warrants will be listed on the Nasdaq Capital Market under the symbols ‘‘DSAC” and ‘‘DSACW,’’ respectively.