CuriosityStream, astreaming service for such factual content as documentaries on science and history that was launched by Discovery founder John Hendricks, made its market debut on Thursday, with its stock rising in early trading.
In August, the companyagreed to go public through a merger with blank check company Software Acquisition Group. The trend of blank check firms, or special purpose acquisition companies (SPAC), has heated up again in the media space this year.
CuriosityStream’s stock is now trading on the Nasdaq exchange under ticker symbol CURI. As of 9:35 a.m. ET, it was up 14.6 percent at $11.57.
CuriosityStream has said it has around 13 million subscribers in more than 175 countries. Its service is priced at $2.99 per month or.
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