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July 2017 July 27, 2017

Pensare Acquisition Corp. Announces Pricing of $270 Million Initial Public Offering

NEW YORK, July 27, 2017 (GLOBE NEWSWIRE) -- Pensare Acquisition Corp. (NASDAQ:WRLSU) (the "Company" or "Pensare") today announced the pricing of its initial public offering of 27,000,000 units at $10.00 per unit. Each unit consists of one share of common stock, one half of one warrant, each whole warrant exercisable to purchase one share of common stock at a price of $11.50 per whole share, and one right to receive one-tenth of one share of common stock upon the consummation of the Company's initial business combination.

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