Seize Holdings Ltd. ’s shares rose on their first day of buying and selling in New York, after the Southeast Asian ride-hailing and supply big accomplished a record-breaking merger with a special-purpose acquisition firm.
Shares opened at $13.06 Thursday, giving Seize a market capitalization of roughly $51.6 billion. The inventory was up 19% from Wednesday, when it was buying and selling because the SPAC Altimeter Development Corp. The inventory misplaced some steam after the open and not too long ago traded up 3.1%.
