ARLINGTON, Va.--(BUSINESS WIRE)--EJF Acquisition Corp.  today announced the pricing of its initial public offering of 25,000,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Stock Market LLC and trade under the ticker symbol “EJFAU” beginning February 25, 2021.

Each unit consists of one of the Company’s Class A ordinary shares and one-third 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 Class A ordinary shares and warrants are expected to be listed on Nasdaq under the ticker symbols “EJFA” and “EJFAW,” respectively. The offering is expected to close on March 1, 2021.

EJF is a newly organized blank-check Cayman Islands exempted company formed by Wilson Boulevard LLC, for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets.