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CuriosityStream Ends First Day Of Trading On Nasdaq With 11% Gain

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Dade Hayes Finance EditorCuriosityStream ended its first day of trading on the Nasdaq on Thursday at $11.20 a share, up 11% in its initial public offering.Founded by Discovery founder John Hendricks in 2015, the company runs a streaming service focused on factual programming, including shows about nature and history.In August, CuriosityStream said it would go public via a special purpose acquisition group, or SPAC, an investment vehicle known in financial circles as a “blank-check” company.

The streaming company was acquired by a SPAC called Software Acquisition Group.CuriosityStream has reported having 13 million subscribers in 175-plus countries.

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